Bearish $WLD
Three Arrows Capital and Alameda expect to take 3 years to clear their WLD token shares
TechFlow news, on September 21, according to Ember, since the linear unlocking of WLD investor tokens began at the end of July, Three Arrows Capital and Alameda Research have continued to sell unlocked WLD.
Three Arrows Capital obtained 75 million WLD through investment, and has been selling them since the end of July. So far, 2.538 million WLD have been sold, equivalent to about US$4.06 million.
Alameda Research holds 25 million WLD and has been selling them once a week since the beginning of August, with a total of 1.129 million WLD sold, equivalent to about US$1.8 million. Based on the current sales frequency and quantity, the two institutions estimate that it will take about 3 years to fully unlock and sell the WLD tokens they hold
