Analysis: Three Arrows and Alameda need three years to liquidate their WLD shares
Ember, an on-chain data analyst, posted on social media that since the token share of WLD investors began to be unlocked linearly at the end of July, two institutions that have gone bankrupt and are also WLD investors are continuing to sell unlocked WLDs. Among them:
Three Arrows Capital obtained 75 million WLDs through investment, and has been selling unlocked WLDs since the end of July. A total of 2.538 million WLDs (about $4.06 million) have been sold so far.
Alameda invested in 25 million WLDs and has been selling WLDs on a weekly basis since early August, bringing the total to 1.129 million WLDs (approximately $1.80 million).
According to the current sales frequency and volume of these two institutions, it will take about three years for their WLDs to be fully unlocked and sold.