$OP Update

A few hours ago, a large $1.4M transaction in $OP was recorded on-chain.

Why does this matter? Historically, whenever this particular wallet makes big moves, the price tends to drop shortly after.

On top of that, buying activity across the entire Layer 2 sector is currently very weak, showing little demand from the market.

Overall sentiment remains cautious, as both on-chain signals and sector-wide volume suggest limited bullish momentum right now.