🔵The Compound team-associated address deposited 250,100 COMP tokens, approximately $11.2 million, into Coinbase Prime.
DeThings reported on May 16, citing Spot On Chain, that an address associated with the Compound team deposited 250,100 COMP tokens (approximately $11.2 million) into Coinbase Prime within the past 3 hours.
This marks the first transfer of COMP assets by this address in 9 months, following its recent redemption of 398,100 COMP tokens (approximately $17.7 million) from Compound V3.
The address currently holds 148,032 COMP tokens (approximately $6.58 million).
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