According to the analysis of on-chain analyst Yu Jin after the news that a16z had purchased 19.5 million OP from the Optimism Foundation in early March, the price of OP rebounded from $2.3 to $3. 5 hours ago, a whale who had previously made a profit of $20.8 million on ETH and LINK investments purchased 2.095 million OP (worth $5.98 million) with 2,000 ETH at an average price of $2.85. The whale also holds 29,784 ETH (worth $89.71 million) through two other addresses.
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