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Wallet linked to Compound co-founder buys 40,000 COMP tokens worth $900K, holding 55,000 total.

Market News
28 Oct 2026, 19:47 WIB
Tokenpost
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Wallet linked to Compound co-founder buys 40,000 COMP tokens worth $900K, holding 55,000 total.

A wallet associated with Compound co-founder Robert Leshner acquired 40,000 COMP tokens on October 28, increasing its total holdings to about 55,000 tokens valued near $1.2 million. The purchase involved Genesis Trading and an undisclosed second address, with the tokens valued at nearly $900,000. Leshner had transferred 15,000 COMP to this wallet two years ago and has not sold any tokens since, despite a significant price drop of over 50%. This steady holding suggests confidence in the token's long-term value.

COMP (Compound) trades at Rp389.014 on Pluang as of Oct 29, 2026 00:02 WIB, down 0.10% in the last day. The token's market cap stands at Rp3.9 trillion with a 24-hour volume of Rp277.86 million. Most Pluang users are selling, with 99% of orders as sell and a typical hold time of 98 days.

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