Markets· ★★· bullish·

Wallet tied to Compound co-founder Leshner receives 40K COMP worth $900K

  • —Wallet received 40,000 COMP worth about $900,000
  • —Total holdings rose to roughly 55,000 COMP, valued near $1.2 million
  • —Leshner sent 15,000 COMP to the address about two years ago
  • —The wallet has not sold any COMP in two years despite price drops
Why it matters: Accumulation by a Compound co-founder may signal insider confidence in the token, though no sales have occurred yet.
Source: TokenPost