Optimism tokens worth over $587 million are due to be released into the open market on Tuesday as part of a planned unlock strategy, causing OP token prices to plummet 7%. When tokens are “unlocked,” their owners can then sell or trade them if they so desire. Early donors and investors presently hold more than 386 million optimism tokens, and the move will roughly treble OP’s circulating supply, which stands at 335 million tokens on Tuesday morning. Early investors are likely sitting on substantial gains and may choose to take profits, adding to the huge selling pressure.