PANews reported on December 5 that according to Onchain Lens monitoring, a whale deposited 25,544 COMP into Coinbase after holding it for 4 months, currently worth US$2.9 million.

Initially, the whale withdrew 25,544 COMP (worth $998,000 at the time) on August 8, 2024. After four months of inactivity, the whale redeposited it into Coinbase, making a profit of $1.9 million.