Optimism (OP) - 31.34MM Token Unlock - 31 Jul 2025

Optimism will unlock 31.34 million OP tokens, about 1.79% of its current supply. This brings more supply to the market, and some investors may sell, causing the price to fall. If there is strong interest in the project, demand can absorb the new tokens, limiting price impact. But, large and sudden token unlocks risk a bearish move unless buyers step in. Traders should watch for announcements about how these tokens will be used, as planned selling or big airdrops can also change the price action. source