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Sales of Worldcoin and Alameda Research Activity

by

2 hours ago


Alameda Research continues to actively transform its assets, moving Worldcoin to Binance for liquidation to settle debts to FTX creditors.

Alameda Research Divestments

Alameda Research has been actively selling its Worldcoin stock, resulting in the liquidation of 1.7 million tokens at an average price of $1.67 over the past three months. Recent transactions include the transfer of 143K WLD to Binance. The wallet still holds more than $50 million worth of WLD, and it will take time to completely divest this stake.

Risks of Tokens in Alameda Wallet

In recent weeks, the Alameda wallet has also been actively acquiring risky tokens through Uniswap V2. Despite the loss of value of these tokens, the wallet also shows other small withdrawals like Cere Network and Curve.

Development of Worldcoin Project

Worldcoin is entering a new stage with token unlocks. The project is expected to significantly increase the number of users, aiming to attract 15 million users and maintain ambitions of becoming a global digital asset.

The sales of Worldcoin not only help Alameda Research fulfill its obligations but also illustrate the evolving position of WLD in the market, making it a significant asset in the company's portfolio.

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