Let’s talk about Optimism Bridge ($OP ). Its 24-hour TVL fell from $856 million to $720 million.
When I first got into crypto, I thought that if TVL went down, the token price would follow. I learned the hard way that it’s not that simple: a single deposit from a large holder can cause locked value to swing dramatically, and the deposited assets aren’t necessarily the protocol’s own tokens.
Now I treat TVL as just one clue and look for sustained changes. Let’s keep an eye on what happens next.
When I first got into crypto, I thought that if TVL went down, the token price would follow. I learned the hard way that it’s not that simple: a single deposit from a large holder can cause locked value to swing dramatically, and the deposited assets aren’t necessarily the protocol’s own tokens.
Now I treat TVL as just one clue and look for sustained changes. Let’s keep an eye on what happens next.