A significant token unlock is occurring today with 31.34 million OP tokens entering the market, making up 1.89% of OP’s total market cap. This event could signal a bullish trend, especially as active addresses have increased by 62%.
Optimism has shown resilience, bouncing back from a support level and recording a 54% gain. Market observers will closely watch for accumulation as the newly issued tokens could influence future price dynamics.
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