arringtoncapital

Am address suspected to be linked to Arrington Capital transferred 100,000 $COMP tokens to binance, worth about $2.26 million. The transfer may have contributed to a 6% drop in $COMP price over the past four hours.

$COMP has as ATH of over $1900, but it currently sits at an estimated price of $22.

Quick question
Are these the fast moves before a spanner is thrown in or should we be expecting something positive in future. Let's stay poised and see how it turns out.

#Compound #Arringtoncapital #Binance

Hyperdrive raises $6M in a Series A funding round

Hyperdrive secures $6M in a funding round led by #HackVC and #ArringtonCapital , with participation from #DelphiVentures, #CMSHoldings, #AmberGroup, #SusquehannaInternationalGroup, #Caladan, #ProofVC and angel investors.

#Hyperdrive is a decentralized finance #DeFi platform focused on stablecoin lending and yield strategies within the #Hyperliquid ecosystem.