• 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

France Pushes for More Euro-Pegged Stablecoins Amid US Dominance

chest

French Finance Minister Roland Lescure calls for the development of more euro-pegged stablecoins to reduce reliance on US dollar-dominated cryptocurrencies.

user avatarArif Mukhtar

Wrapped XRP Now Live on Solana, Expanding Utility for Holders

chest

Wrapped XRP (wXRP) has launched on the Solana blockchain, allowing XRP holders to trade, earn yield, and access liquidity without selling their tokens.

user avatarLuis Flores

Cardano Price Shows Signs of Potential Rebound

chest

A popular analyst, Ali Martinez, has identified a support level for Cardano at 0.249, suggesting a potential price rally of up to 200%, but warns of risks if this level is breached.

user avatarMaria Gutierrez

Cardano Struggles Amidst Broader Cryptocurrency Market Gains

chest

Cardano's price performance remains muted despite a general rise in the cryptocurrency market, with only a 3% increase compared to major cryptocurrencies like Ethereum and XRP.

user avatarDavid Robinson

Ripple's Vision for Dominance in Global Payments

chest

Analyst Jake Claver outlines Ripple's strategy to dominate global payments and banking infrastructure by 2040.

user avatarAndrew Smith

OpenAI Unveils GPTRosalind, a New AI Model for Life Sciences

chest

OpenAI has launched GPTRosalind, a domain-specific AI model designed to enhance research in biology and drug discovery.

user avatarJacob Williams

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.