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Alameda Research Transfers 143,770 WLD to Binance

Sep 18, 2024
  1. Strategic Transfers Continue
  2. Large WLD Holdings
  3. Worldcoin's Regulatory Issues

Alameda Research moved 143,770 Worldcoin (WLD) tokens, worth roughly $212,780, to Binance, marking a notable transaction in its ongoing asset management.

Strategic Transfers Continue

The transfer, which took place within the last 8 hours, originated from Alameda’s consolidation wallet and was sent to a Binance wallet. This move is part of a larger trend, with Alameda having deposited 985,852 WLD tokens, totaling $1.54 million, to Binance since August 9, 2024.

Large WLD Holdings

Alameda holds 24.01 million WLD tokens, making WLD its second-largest crypto holding after BIT.

Worldcoin's Regulatory Issues

Worldcoin is currently under regulatory scrutiny as the Monetary Authority of Singapore (MAS) investigates unlicensed Worldcoin services in the country.

Alameda Research's transfer of WLD tokens to Binance fits into its broader asset management strategy and highlights the current regulatory challenges faced by Worldcoin.

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