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Analysis: Three Arrows Capital and Alameda need 3 years to liquidate their WLD shares

Analysis: Three Arrows Capital and Alameda need 3 years to liquidate their WLD shares

Bitget2024/09/21 04:14
WLD+0.36%

Blockchain data analyst Yu Jing posted on social media that since the linear unlocking of token shares for WLD investors began at the end of July, two institutions that have gone bankrupt and are also WLD investors are continuously selling their unlocked WLD. Among them: 

· Three Arrows Capital obtained 75 million WLD through investment and has been gradually selling its unlocked WLD since the end of July. So far, it has sold a total of 2.538 million WLD (approximately $4.06 million). 

· Alameda obtained 25 million WLD through investment and started to sell its unlocked WLD once a week from the beginning of August. So far, it has sold a total of 1.129 million WLD (approximately $1.8 million).

Based on these two institutions' current sales frequency and quantity, it will take about three years for all their remaining locked-up tokens to be fully released and sold.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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