PANews reported on December 16 that, according to on-chain analyst Ember, two hours ago, crypto venture capital firm a16z crypto transferred 276,000 COMP (US$7.6 million) to Coinbase Prime.

a16z was the lead investor in Compound, investing 1 million COMP (10% of the total COMP supply) in March 2020.

Currently, the main holdings of addresses on the a16z chain are 64 million UNI (US$325 million) and 19.51 million OP (US$5.71 million), with no COMP remaining.