The emergence of various super chains of Op, the growth of various indicators on the chain. Op has started a new narrative and opened a new ceiling. The price of the currency has also risen steadily. Then, the in-depth analysis on the chain found that this may be another good show of institutions + project parties, and the final harvest is the big players.

The script is this

1) It all started with a huge unlock at the end of May. After a year of lock-up, the institution unlocked 214 million tokens at once, and the team unlocked 151 million tokens at once. After the unlocking, 30 million OP tokens were poured into the exchange.

2) Smashing the market and falling sharply, repeatedly washing out the loose chips. The price of OP did not fall to the bottom until June 10. Of course, there are other reasons for this decline. First, BTC has been falling all the way. Second, the huge unlocking caused panic among retail investors. Third, it may be that institutions deliberately smashed the market.

3) Immediately after the market stabilized, the price of OP coin continued to rise. The market was positive for various layer 2 super chains, and OP started a new narrative and opened a new ceiling. At the same time, the data on the OP chain also improved, which was mainly attributed to the base chains of worldcoin and coinbase. The author also found some relationships, such as coinbase and a16z are among the investors of OP. The investors of worldcoin are also coinbase and a16z.

4) As the price of Op went up, the exchange had a maximum net inflow of 70 million Op. Another data is that the number of large holders holding more than 50,000 Op is growing rapidly. Therefore, the actual number of institutions and project parties transferring to the exchange must be more than 70 million.

5) On August 7, the OP price reached its highest point. Surprisingly, the number of large investors increased rapidly on that day. So if large investors increase their holdings in large quantities, the price will be smashed, so who is smashing the market? Therefore, in the current bear market, the leeks like us are no longer in the eyes of the market makers. They want to cut the large investors.

So what happened next? What I know is

1) The organization + team still has at least 200 million OPs, and unlocks 38 million every month

2) Cancun upgrade is coming, layer2 will become a hot spot

So, I guess that I will wait for the hot spots to come, continue to pull a wave and then sell. Of course, it is undeniable that OP's super chain is very promising. It is undeniable that some of the chips of institutions and teams will get the next bull market. It is also undeniable that the capital market is a bloody sickle.

Good news, narratives, data, scripts, making money, and harvesting are all part of this market.

Today's sharing ends here. Thank you very much for taking the time to read this article in your busy schedule. I hope the article is helpful to you. You can follow me and leave me comments to communicate with me.