Three Arrows Capital and Alameda Research are Continuously Selling Unlocked WLD
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September 21, 2024
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WLD Token Dumping by Bankrupt 3AC and Alameda
According to ChainCatcher, on-chain analyst Emberwatch has observed that two institutions, both bankrupt and WLD token holders, have been consistently selling their unlocked WLD tokens since they began linearly unlocking at the end of July.
3AC, which received 75 million WLD tokens through investment, has been steadily selling unlocked WLD since late July. They have currently sold 2.538 million WLD (worth $4.06 million).
Alameda, which received 25 million WLD tokens through investment, started selling WLD at a weekly frequency in early August. They have currently sold 1.129 million WLD (worth $1.8 million).
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