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Compound leading institutions transferred 300,000 COMP to the platform, worth 13.75 million USD.
[Coin World] On June 28, news reported that on-chain analysts monitored a venture capital firm transferring 300,000 COMP (13.75 million USD) to a certain trading platform in the past 40 minutes. This firm is the leading investor in Compound, having invested in March 2020 to acquire 1 million COMP, which is 10% of the total supply of COMP (. After transferring out 300,000 COMP, the firm still holds 500,000 COMP (22.9 million USD).