Data: Compound team-related wallet transferred 250,000 COMP to CEX within 3 hours

According to ChainCatcher, monitored by Spot on Chain, a wallet address linked to the Compound team has deposited 250,100 COMP (approximately $11.2 million) into a CEX in the past 3 hours.

Previously, the wallet redeemed 398,100 COMP (approximately $17.7 million) from CompoundV3, marking the first transfer of COMP from this wallet in 9 months. The wallet currently still holds 148,032 COMP (approximately $6.58 million).