Compound Co-Founder-Linked Wallet Increases COMP Holdings by Nearly $900K, Total Position Value Rises to About $1.2M

TechFlow reported that on October 28, according to Arkham monitoring data, a wallet associated with Compound co-founder Robert Leshner increased its COMP holdings by 40,000 COMP about an hour ago through Genesis Trading and another unknown address, worth nearly $900,000. As of now, the wallet holds approximately 55,000 COMP, and the total position value has risen to nearly $1.2 million. Robert Leshner previously transferred 15,000 COMP to this wallet two years ago. Over the past two years, despite COMP's price falling by more than 50% at one point, the wallet has not sold any.

Source: TechFlow