base-pidgin

Optimism (OP) may see a price surge due to increased accumulation by large investors and a bullish technical chart. Key highlights:

- Large investors have purchased 277.17 million OP, valued at $501.62 million, over the past 24 hours.
- Average transaction size has spiked to $20,697.00, indicating substantial bulk purchases.
- OP's chart shows a golden cross pattern, suggesting a potential high-momentum price push.
- A breakout from the current accumulation pattern could lead to a 36.98% rally, reaching $2.616.
- Rising interest in the derivative market, with a positive Funding Rate, supports a bullish outlook.

If the anticipated breakout occurs, OP could see significant gains, but a price re-assessment or continuation of the upward movement is also possible.