Data: An address related to the Compound team deposited 20,000 COMP to Coinbase 2 hours ago

According to ChainCatcher news and Lookonchain data monitoring, a whale address related to the Compound team deposited 20,000 COMP (approximately $1.5 million) into Coinbase 2 hours ago. This address currently holds 402,462 COMP (approximately $29.8 million) on Compound.

It is reported that this whale address previously acquired 644,556 COMP (currently worth $47 million) from the Compound team and deployer. It later deposited 116,320 COMP (sold for $6.5 million) into Coinbase and Kraken, and also sold 131,900 COMP (approximately $24 million) through Cumberland, as well as sold 27,800 COMP (approximately $725,000) on DEX. (Source link)