According to Foresight News , embers monitoring shows that a16z crypto transferred 276,000 COMP (approximately $7.6 million) to Coinbase Prime two hours ago. a16z is the lead investor in Compound, having previously invested in Coinbase in March 2020, acquiring 1 million COMP (10% of the total COMP supply). Currently, a16z's on-chain addresses primarily hold 64 million UNI (approximately $325 million) and 19.51 million OP (approximately $5.71 million), and no longer hold COMP.
a16z crypto transferred 276,000 COMP tokens to Coinbase Prime, worth approximately $7.6 million.
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