Over the past two weeks, a whale has accumulated 3 million OP tokens worth nearly $4 million.

According to Arkham's monitoring data, a whale has accumulated 3 million OP tokens over the past two weeks, with a position valued at approximately $3.855 million at an average purchase price of $1.285, seemingly betting on an imminent resurgence in the Layer 2 sector. As 2026 draws to a close, Optimism’s revenue has only slightly surpassed $3 million, representing a year-over-year decline of approximately 83.3%. Analysts suggest that the sharp revenue drop may have constrained Optimism’s available capital, leaving it unable to execute its previously approved OP buyback plan.