Caution: a16z Quietly Dumping Its COMP Holdings
Key Notes a16z has deposited 400,000 COMP ($18.33M) into Coinbase in structured 100K batches. On-chain data shows no signs of internal reshuffling or redeployment, suggesting the move is not a hedge or rebalance. Despite sell pressure, COMP hovers near a key breakout level with upside targets up to $81.66 if resistance is breached. . In […]
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