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A16z Makes Major COMP Move After Months of Silence
The venture capital giant's blockchain addresses just broke a 4-month dormancy streak, offloading their entire $7.6M COMP position to a major custodial platform. This marks a significant shift in their governance token holdings.
Context matters here: they'd previously deposited $2M worth of COMP six months back. The latest transfer of their complete stack suggests either a strategic reallocation or potential liquidity event. For anyone tracking institutional behavior in DeFi governance, this is worth noting. COMP holders and Compound ecosystem participants might want to monitor whether this signals changing institutional sentiment around the protocol.