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

Sep 21, 2024
  1. 3AC and Alameda’s WLD Holdings and Sales
  2. Linear Unlocking of WLD Tokens
  3. Three-Year Liquidation Estimate

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.

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