Compound team sends $6.24M in COMP to Binance and Kraken

On-chain analyst EmberCN reported on X that a Compound (COMP) team wallet transferred 150,000 COMP tokens—split evenly between crypto exchanges Binance and Kraken—totaling approximately $6.24 million. As of now, COMP is trading at $40.73, down 2.71% in the past 24 hours, according to CoinMarketCap.