The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million token unlock.

Last week, on Sept. 21, Optimism revealed that it would sell $160 million worth of the OP token to private sellers as part of a planned sale.

On Sept. 19, Optimism announced its third airdrop, with 19.4 million OP tokens allocated to more than 31,000 addresses participating in delegation activities relating to the network’s decentralized autonomous organization, Optimism Collective.

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