Compound Team Deposits $1.5M COMP Into Coinbase Wallet

Key Points: Data from Lookonchain monitoring has sent shockwaves through the crypto community as it uncovered a significant transaction involving a giant whale address related to the Compound team. Approximately two hours ago, the address made a bold move by depositing a staggering 20,000 COMP tokens into Coinbase, amounting to a jaw-dropping US$1.