• 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

2 years 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

Ripple's Infrastructure Gains Momentum Amid Market Challenges

chest

Ripple's broader infrastructure business is gaining momentum, with significant growth in its Ripple Prime platform.

user avatarAisha Farooq

Ripple's Cross River Bank Partnership Resurfaces in X Money Initiative

chest

Cross River Bank, a long-time partner of Ripple, has resurfaced in the payments initiative X Money, which is part of Elon Musk's broader ambition to create a global financial super app.

user avatarTenzin Dorje

Charles Hoskinson Faces Accusations of Undermining XRP Growth

chest

Charles Hoskinson, founder of Cardano, has been accused by a Ripple community member of being involved in the ETHgate saga, which allegedly harmed XRP's growth.

user avatarBayarjavkhlan Ganbaatar

David Schwartz Supports John Deaton's Senate Campaign with XRP Donation

chest

Former Ripple CTO David Schwartz has donated an undisclosed amount of XRP to John Deaton's US Senate campaign, signaling support for Deaton's fundraising efforts.

user avatarMohamed Farouk

BarriC Predicts XRP Price Rally Conditions

chest

Crypto pundit BarriC discusses the conditions for XRP to potentially reach significant price levels, emphasizing the need for integration with global financial systems.

user avatarElias Mukuru

Drake Calls for SBF's Release in New Album

chest

Drake's new album features a track calling for the release of Sam Bankman-Fried, the crypto figure serving a 25-year sentence, while referencing his own involvement in cryptocurrency.

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.