On-chain data analyst Yujin recently disclosed significant information regarding the trading activities of two bankrupt institutions that are notable investors in WLD tokens. These institutions have been persistently liquidating their unlocked WLD tokens following the commencement of a linear unlocking phase at the end of July. The first institution, Three Arrows Capital, which had made a considerable investment acquiring 75 million WLD tokens, has been methodically selling their unlocked tokens since late July.
As of the present day, their sales have totaled approximately 2.538 million WLD tokens, reflecting a monetary value of around $4.06 million. This activity has significant implications for the WLD token market, as the continuous sale may exert downward pressure on the token's price due to increased supply in the market. In a parallel development, Alameda, another major player in the WLD ecosystem that secured 25 million tokens through investment, initiated a weekly selling strategy beginning in early August.
To date, this institution has offloaded around 1.129 million WLD tokens, translating to an approximate market value of $1.8 million. The systematic approach both institutions have taken towards selling their WLD holdings showcases strategic maneuvering within the financial landscapes they operate in. Based on the selling rates reported and the volumes still held by these two institutions, projections indicate that it could take upwards of three years for them to completely unlock and liquidate their remaining WLD tokens.
This extended timeline raises questions about market stability and investor confidence in the WLD ecosystem as these large holders gradually offload their positions. Stakeholders should monitor these developments closely, as they are crucial to understanding the future trajectory of WLD token valuations..