According to BlockBeats, on September 21, Yu Jin, a chain data analyst, posted on social media that since the linear unlocking of WLD investors’ token shares began at the end of July, two bankrupt and liquidated institutions that were also WLD investors are continuing to sell the unlocked WLD. Among them:
Three Arrows Capital has 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 received 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.
Judging from 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.
