a16z crypto transferred 300,000 COMP pieces to Coinbase Prime in the past 40 minutes

Crypto 7x24

2025-06-28 12:21:01

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According to monitoring by online data analyst Ember, crypto venture capital firm a16z crypto has transferred 300,000 COMP(approximately US$13.75 million) into Coinbase Prime in the past 40 minutes. It is reported that a16z is Compound's leading investor, investing 1 million COMP(10% of the total COMP) in March 2020. After transferring 300,000 COMP pieces this time, a16z still holds 500,000 COMP pieces (approximately US$22.9 million).

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