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[a16z crypto transfers 276,000 COMP to Coinbase Prime] On-chain data shows that a16z crypto transferred 276,000 COMP (approximately $7.6 million) to Coinbase Prime two hours ago. As the lead investor in Compound, the firm acquired 1 million COMP (10% of the total supply) through its investment in March 2020. Currently, the main holdings in a16z's on-chain address are 64 million UNI ($325 million) and 19.51 million OP ($5.71 million), and it no longer holds COMP.

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