• 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

New Zealand Dollar Surges Following RBNZ's Hawkish Policy Surprise

chest

The New Zealand dollar has surged following a hawkish surprise from the Reserve Bank of New Zealand, which signaled a longer period of restrictive policy.

user avatarJacob Williams

Australian Dollar Surges Following Unexpectedly Strong Inflation Data

chest

The Australian dollar has surged following unexpectedly strong inflation data, leading to a reassessment of rate cut expectations.

user avatarDavid Robinson

Asian Currencies Experience Significant Gains as Fed Rate Cut Bets Rise

chest

Asian currencies are experiencing significant gains as expectations for Federal Reserve rate cuts rise sharply.

user avatarAndrew Smith

BlackRock Sets Tokenization Precedent with Digital Liquidity Fund

chest

BlackRock's launch of a digital liquidity fund on public blockchains sets a precedent for large-scale asset managers in tokenization. This initiative catalyzes growth and innovation in the digital asset space.

user avatarZainab Kamara

Hedera's Value Surges by 8% Following cSigma Finance's Announcement

chest

Hedera's value increased by 8% following the announcement of cSigma Finance's asset tokenization platform, indicating growing optimism in the market.

user avatarSon Min-ho

Ethereum's Resilience Amid Bitcoin's Quantum Threat

chest

David Hoffman asserts that Ethereum can function independently even if Bitcoin fails due to quantum computing risks.

user avatarAyman Ben Youssef

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.