Bain Capital, one of the lead investors in Compound, transfers 349,000 COMP to an institutional business platform, possibly to sell all.

BlockBeats news, on August 14th, according to on-chain data analyst Yu Jin's monitoring, Bain Capital Ventures, one of the lead investors in Compound Labs, transferred 349,000 COMP (approximately 18.85 million USD) to a certain institutional business platform 9 hours ago. Currently, 87,250 COMP (approximately 4.73 million USD) have been transferred to Binance, OKX, Bybit, and Gate.

Bain Capital Ventures is one of the lead investors in Compound, and this COMP was received from Compound's deployment address 5 years ago.