On-chain analyst EmberCN has reported a significant movement of Compound (COMP) tokens. The Compound team's address deposited 150,000 COMP, valued at approximately $6.24 million, into major cryptocurrency exchanges Binance and Kraken just 20 minutes ago. This large deposit raises questions about the potential impact on COMP's price. Increased supply on exchanges can often lead to downward price pressure. Currently, according to CoinMarketCap, COMP is trading at $40.73, reflecting a 2.71% decrease. Whether this price dip is directly related to the deposit remains to be seen, but the timing is certainly noteworthy. Traders and investors will be closely watching COMP's price action in the coming hours to assess the full impact of this substantial transfer. Further analysis will be needed to determine the motivations behind this large deposit. ```