Optimism Whales Purchase 40 million OP Tokens in Two Months

Optimism whales, holding 10K and 1M OP tokens are rigorously accumulating.

In the last two months, these investors bought 42.23 million OP tokens worth nearly $60 million.

I've combined whale transactions worth $100K or more with accumulation pattern from wallets holding 10K to 1M OP tokens, which clearly indicates a buy-the-dip mentality with a few exceptions.

Blue Circle = Buying/accumulation whale transactions worth greater $100k

Red Circle = Selling whale transactions worth greater $100k
Black Arrow = Buying/accumulation from wallets holding 10K-1M OP tokens

OP Whale txns, Supply Distribution


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