3 hours ago, crypto VC @a16zcrypto transferred the last 400,000 $COMP ($16.48M) from their address to Coinbase Prime, clearing their $COMP holdings!
They transferred 400,000 $COMP to Coinbase Prime at the end of last month, and today they transferred another 400,000. In 10 days, they transferred 800,000 $COMP to Coinbase Prime, worth as much as $34.81M!
When they transferred out 400,000 $COMP 10 days ago, the $COMP price was still $46, but now the $COMP price is only $41. It has fallen by 11%.
Now that another 400,000 have been transferred out, the price of $COMP may fall further.
Address link 🔗👉: https://t.co/uQ8meEjPzo
This article is sponsored by #Bitget|@Bitget_zh