Polychain Capital just deposited 76,489 COMP ($7.02M) to Coinbase Prime at $91.74:

• transaction: 0x2c5e453af7f0d424d4c7ea90ef42889bc5352cc3b4ecd68f2aee84ac2f5e9a2b
• address: 0xfa9b5f7fdc8ab34aaf3099889475d47febf830d7
• This address belongs to the entity Polychain Capital

Notably, the VC was a seed investor in Compound:

• received 305,975 COMP from Compound on April 2, 2020, when the price was $78.58 on average ($24.04M);
• held all the tokens for almost 4 years, also through the biggest pump in May 2021 when the price reached an ATH of $831;
• finally deposited 152,978 COMP to Coinbase at $90.545 on average ($13.85M) in the past 4 days;
• now still holds 152,979 COMP ($13.94M).

Fig 1. Polychain Capital deposited 152,978 COMP ($13.85M) to Coinbase in the past 4 days.

Fig 2. Polychain Capital's current holding.