Data: a16z transferred 300,000 COMP to Coinbase Prime, worth approximately $13.75 million

ChainCatcher news, according to Ember monitoring, crypto venture capital a16z has transferred 300,000 COMP (approximately $13.75 million) to Coinbase Prime in the past 40 minutes. a16z is the leading investor in Compound, having invested in March 2020 to acquire 1 million COMP (10% of the total COMP supply).

After this transfer of 300,000 COMP, a16z still holds 500,000 COMP (approximately $22.9 million).