TechFlow news, May 16 — According to on-chain analyst Spot On Chain (@spotonchain), a wallet associated with the Compound team deposited 250,100 COMP tokens (approximately $11.2 million) to Coinbase Prime within the past three hours.
The wallet previously withdrew 398,100 COMP tokens (approximately $17.7 million) from Compound V3, marking its first COMP token transfer in nine months. The wallet currently holds 148,032 COMP tokens (approximately $6.58 million).




