Analysis: Three Arrows and Alameda will need 3 years to clear their WLD shares

2024-09-21 11:19

BlockBeats news, on September 21, on-chain data analyst Yu Jin posted on social media that since the token shares of WLD investors began to be linearly unlocked at the end of July, two institutions that have gone bankrupt and are also WLD investors are continuing to sell the unlocked WLD. Among them:


· Three Arrows Capital obtained 75 million WLD through investment, and has been selling unlocked WLD since the end of July. So far, a total of 2.538 million WLD (about 4.06 million US dollars) has been sold.


· Alameda obtained 25 million WLD through investment, and has been selling WLD once a week since the beginning of August. So far, a total of 1.129 million WLD (about 1.8 million US dollars) has been sold.


According to the current sales frequency and quantity of these two institutions, it will take about three years for their WLD to be fully unlocked and sold.

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