Wintermute Dumps $5 Million Optimism (OP) Tokens To Binance Ahead Unlocks
Wintermute has been associated with Optimism for providing the supply of tokens and maintaining liquidity in the market. OP price marginally trading lower amid selling by the firm. advertisement Wintermute Trading Selling Optimism Tokens Wintermute started selling Optimism tokens on Sunday by selling 1000 Optimism (OP) tokens. However, the market maker dumped 2.65 million OP tokens worth nearly $5 million in the past 24 hours. The company dumped 2 million OP tokens in a single transaction to Binance, confirming its intention to dump Optimism tokens ahead of the unlocking event on June 1. According to token.unlocks, 9% of the total Optimism (OP) tokens supply is unlocking on June 1. This represents 386 million OP tokens worth over $626 million, which will unlock. Among the 9% supply, 4.75% belongs to core contributors and 4.25% belongs to investors. Recommended Articles ...