Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course 
 - EconoTimes)
Token Unlock Details:
Amount: 31.34 million OP tokens.
Percentage of Circulating Supply: Approximately 2.32%
February 28, 2025, 31.34 million OP tokens, roughly 2.32% of the circulating supply as of today, will be released by Optimism. This event occurs at midnight UTC and could result in selling pressure and determine the price of OP tokens, although the actual effect will depend on the broader market and investor mood.
Optimism is an Ethereum Layer 2 scaling solution that utilizes optimistic rollups to improve the speed and scalability of transactions. OP token is a governance token of the Optimism Collective community. Following this unlock, a smaller unlock event will be conducted on March 1, 2025. Investors will have to keenly monitor market conditions to assess the impact on the price of the OP token.
|
Round |
% of Allocation |
|
Core Contributors |
+2.08% (+17.00M tokens) |
|
Investors |
+2.08% (+15.21M tokens) |
