Compound's lead investor, Bain Capital Ventures, is suspected of selling 349,000 COMP tokens.

PANews reported on August 14th that on-chain analyst Yu Jin monitored a transfer of 349,000 COMP (US$18.85 million) to an institutional trading platform nine hours ago. Currently, 87,250 COMP (US$4.73 million) has been transferred to Binance, OKX, Bybit, and Gate. Bain Capital Ventures, one of the lead investors in Compound, received these COMP from Compound's deployment address five years ago.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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