3 hours ago, crypto VC a16z transferred the last 400,000 $COMP ($16.48M) from the address to Coinbase Prime. They have cleared their $COMP holdings!

They only transferred 400,000 $COMP to Coinbase Prime at the end of last month, and today they transferred another 400,000. In just 10 days, they have transferred a total of 800,000 $COMP to Coinbase Prime, worth up to $34.81 million!

10 days ago, when they transferred out 400,000 COMP, the price of COMP was still at $46, but now the price of COMP is only $41. It has dropped by 11%.

Transferring out another 400,000 now may further decrease the price of COMP.

Address🔗👉: 0x8E59e482DDb798382C5a58852b82a86F762a2479