Optimism

<ul><li>Lookonchain noted in a tweet today that a whale recently transferred 1.04 million OP to Binance.</li><li>According to the blockchain tracking firm, the whale had sold some of the tokens at a loss due to fear of today’s token unlocks.</li><li>At press time, OP was trading at $1.47 following a 3.62% drop in price over the past 24 hours.</li></ul>The blockchain tracking firm Lookonchain tweeted earlier today that a whale recently made a large Optimism (OP) deposit to Binance. According to the <a href="https://twitter.com/lookonchain/status/1663759582970380291" rel="noopener noreferrer nofollow">post</a>, the whale had sent 1.04 million OP, worth approximately $1.48 million.Shortly after making the massive deposit, the firm noted that the whale had sold some OP tokens at a loss. Lookonchain believed that the whale had done this out of fear of the upcoming OP unlock happening later today, which may result in millions of OP being dumped in the next 24 hours.<a href="https://coinedition.com/whale-recently-sold-a-large-amount-of-op-on-chain-data/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Whale Recently Sold a Large Amount of OP: On-Chain Data

Coin Edition

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