a16z Crypto Transfers Final 400,000 COMP Tokens Worth $16.48M to Coinbase Prime
2025-07-09 00:24:34
Main Idea
a16z Crypto transferred its remaining 400,000 COMP tokens, worth $16.48 million, to Coinbase Prime, marking the complete liquidation of its COMP holdings.
Key Points
1. a16z Crypto moved 400,000 COMP tokens to Coinbase Prime on July 9.
2. The transaction was valued at approximately $16.48 million.
3. This transfer signifies the full liquidation of a16z's COMP holdings.
4. The transaction was verified by EmberCN monitoring.
Description
On July 9, a16z crypto, a prominent venture capital firm, executed a significant transaction by moving its entire balance of 400,000 COMP tokens to Coinbase Prime. Valued at approximately $16.48
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