I think the point was the huge spike in tx activity on 6/23 forward. Plausible.
What's plausible is that it's a Bit-pay consolidation adress. Just look at the exact sums that get sent to the address. Bit-pay converts the USD price to BTC each time a payment is made, so those exact amounts are impossible. Also, they use a different address for each transaction. What you're seeing there is one of bit-pay's cold storage addresses. Ofcourse some of those coins are from BFL sales, but that's not a BFL address.
Agreed. I don't know what bit-pay's volume is, but I can't imagine that the volume from 6/23 forward is coincidental.