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COMP Price Surges Above $120, Up Nearly 40% in 24 Hours

BlockBeats News, December 4th, according to HTX market data, COMP has surged above $120, now trading at $123.6, a nearly 40% increase in the past 24 hours.

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The Compound founder proposed four COMP distribution solutions

Or you will change the COMP allocation mechanism

What is the use of more than 200% of COMP wool?

"People around you are already experimenting with COMP mining."

Compound will launch a new governance system, planning to issue governance token COMP

Justin Sun loaned out nearly 100,000 comPs to launch governance attacks?

Justin Sun borrowed 99,000 comPs from Compound with the alleged intention of controlling Compound's addition of TUSD as collateral.

UMA community has opened the token casting interface, users can cast synthetic token yCOMP short COMP

Users can create yCOMP or ETHBTC here, and then sell yCOMP to short COMP.

On-Chain Activity

4h ago

Ethereum Foundation sells another 2,500 ETH, totaling 7,500 ETH sold over four days.

6h ago

A whale transferred out from Binance and accumulated over $115 million in Bitcoin.

6h ago

A Hyperliquid trader profited from three consecutive short positions, earning $2.19 million by shorting PONS.

7h ago

Data: The U.S. government currently holds approximately $20.57 billion in crypto assets.

24H Important News

2026-11-15

The number of signatures on the petition for Jensen Huang's return has surpassed the 100,000 mark, with renowned public figures such as Elon Musk and Tom Lee having publicly expressed their support.

Bitcoin falls to touch $65,000.

Ethereum Foundation sells another 2,500 ETH, totaling 7,500 ETH sold over four days.

Bitcoin's current mainstream CEX liquidation map: If it falls below $63,000, the cumulative long liquidation intensity will reach $378 million.

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