• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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

user avatar

by Giorgi Kostiuk

a year ago


  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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SpaceX Acquires xAI to Tackle AI Power Challenges

chest

SpaceX has acquired xAI, merging rocket launch services with AI development to tackle the limitations of Earth-based infrastructure.

user avatarDiego Alvarez

Starlink Revenue Expected to Fund xAI's Operations After Merger

chest

Starlink revenue is expected to support xAI's operations after its acquisition by SpaceX.

user avatarKenji Takahashi

BlockDAG Launch Dashboard Set to Go Live on February 2

chest

BlockDAG will launch a new dashboard on February 2, providing users with a fully integrated system for managing their investments and preparing for exchange access.

user avatarMaria Fernandez

Referral Strategies Become Key to Success in ZKP Auction Stage 2

chest

Referral strategies are crucial for success in the ZKP presale auction Stage 2 as token availability tightens.

user avatarRajesh Kumar

Stage 2 of ZKP Presale Auction Heightens Competition with Scarcity

chest

Stage 2 of the ZKP presale auction reduces daily token allocation, intensifying competition and emphasizing referral strategies.

user avatarLuis Flores

SPX6900 and Brett Gain Traction in the Meme Coin Market

chest

SPX6900 and Brett are gaining traction in the meme coin market with increased trading activity and community support.

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.