According to Spot On Chain monitoring, a wallet associated with the Compound team deposited 250,100 COMP (11.2 million USD) to Coinbase Prime in the past 3 hours.
Previously, the wallet redeemed 398,100 COMP (approximately 17.7 million USD) from Compound V3, marking the first COMP movement for this wallet in 9 months. The wallet still holds 148,032 COMP (approximately 6.58 million USD).