A16z crypto will transfer the last 400000 COMPs to Coinbase Prime, worth approximately $16.48 million

According to a report by Golden Finance, as monitored by on chain analyst Yu Jin, three hours ago, cryptocurrency VC @ a16zcrypto transferred the last 400000 COMPs ($16.48 million) in their address to Coinbase Prime. Cleared their COMP positions. They only transferred 400000 COMPs to Coinbase Prime at the end of last month, and today they transferred another 400000. Transfer 800000 COMPs to Coinbase Prime within 10 days, worth up to $34.81 million! When they transferred 400000 COMPs 10 days ago, the COMP price was still $46, and now the COMP price is only $41. It has dropped by 11%. Now another 400000 pieces have been transferred out, which may further lower the COMP price.