3AC and Alameda Research May Take Three Years to Sell All WLD Tokens

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. 3AC and Alameda’s WLD Holdings and Sales
  2. Linear Unlocking of WLD Tokens
  3. Three-Year Liquidation Estimate

  4. The ongoing liquidation of WLD tokens by Three Arrows Capital and Alameda Research could take up to three years, according to projections based on recent sales data.

    3AC and Alameda’s WLD Holdings and Sales

    Three Arrows Capital (3AC) initially acquired 75 million WLD tokens and has sold 2.538 million tokens worth approximately $4.06 million since the unlocking began. Alameda Research, which acquired 25 million WLD tokens, has been selling its tokens on a weekly basis since early August and has sold 1.129 million tokens, totaling $1.8 million in value.

    Linear Unlocking of WLD Tokens

    The WLD token unlocking process began in July 2024, allowing token holders, including 3AC and Alameda, to gradually sell their holdings. Linear unlocking schedules help mitigate potential market volatility by preventing a massive influx of tokens into the market at once.

    Three-Year Liquidation Estimate

    Current estimates suggest that it will take approximately three years for 3AC and Alameda to sell all of their unlocked WLD tokens, potentially leading to prolonged downward pressure on WLD's price and concerns among investors about the continuous selling activity.

    The projected three-year liquidation period for Three Arrows Capital and Alameda Research highlights the long-term market implications of the token’s unlocking process. Investors can expect ongoing pressure on WLD’s price as both firms continue to offload their tokens.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Optimism Launches Superchain Interoperability Upgrade on Sepolia Testnet

chest

Optimism has successfully launched its Superchain interoperability upgrade on the Sepolia testnet, allowing developers to test cross-L2 messaging across OP Stack chains.

user avatarMohamed Farouk

XRP Ledger Achieves Key Milestone with AMM Amendment

chest

The XRP Ledger has achieved 80 validator consensus for its Automated Market Maker amendment, marking the start of the activation window for native AMM functionality.

user avatarElias Mukuru

Solana Validator Adoption of v118 Client Reaches 85% of Consensus Stake

chest

The adoption of the v118 client by Solana validators has reached a significant milestone, marking 85% of consensus stake.

user avatarDiego Alvarez

Sui Foundation Unveils $10 Million Fund for AI and DeFi Development

chest

The Sui Foundation has launched a $10 million ecosystem fund aimed at fostering decentralized AI infrastructure and DeFi protocols on the Sui blockchain.

user avatarKenji Takahashi

Aave Governance Approves Parameter Update for Base Mainnet

chest

Aave governance has approved a parameter update for the Base mainnet in its v3 deployment, focusing on risk settings and collateral caps to enhance liquidity access and manage risk effectively.

user avatarMaria Fernandez

Chainlink Expands CCIP Infrastructure to Avalanche and Polygon

chest

Chainlink has launched its CrossChain Interoperability Protocol (CCIP) on Avalanche and Polygon, enhancing crosschain token transfers.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.