Unlocking Optimism: $587M Worth of OP Tokens Set to Shake the Market
The Optimism (OP) token, the governance token of the Optimism network, is set to experience a significant unlocking event on May 31. With over 386 million tokens, worth $587 million, becoming available, concerns have arisen regarding potential downward pressure on the token’s price. This article explores the implications of the unlocking event, the involvement of…