Optimism Foundation Sells $89M in OP Tokens to Mystery Buyer from Treasury Stock
- Optimism Foundation sold 19.5 million OP tokens worth $89M to an unnamed buyer
- Tokens come from the unallocated treasury portion set aside as working capital
- Tokens subject to 2-year lockup, but buyer can delegate for governance rights
- Tokens were part of the original 30% working budget of total OP supply
- OP token prices down 0.4% last 24 hrs; CoinDesk 20 index up 2.59%
