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Is Compound Price Set for 27% Crash as a16z Dumps 13.75M COMP?

source-logo  coingape.com 28 June 2025 13:42, UTC

Compound (COMP) has shed 12% of its value, and is facing the risk of another crash after crypto venture firm a16z moved 300,000 tokens to Coinbase. Meanwhile, a descending triangle pattern hints at a potential 27% crash for Compound price if it loses a key support level. COMP is trading at $45.87 today, June 28, with $26 million in daily trading volumes.

coingape.com