FTX is preparing to auction 22.3 million Worldcoin (WLD) tokens worth around $35.7 million, at a discount of up to 75%.

These tokens are believed to be from the 25 million WLD allocation to Alameda Research a year ago (unknown unlock conditions), with the fund having started depositing tokens on Binance 2 months ago. The remaining is being offered OTC at a large discount, aiming to raise money in one lump sum instead of a vesting period that lasts until 2028.

There is no information on Alameda Research in WLD's fundraising rounds, but if invested in the first round, the WLD price could be $0.1/token, which is a 16x increase from the current price. One-time OTC sales at a steep discount are a familiar method for investment funds.

Instead of public sales, many funds tend to "sell secretly" and then announce a new fundraising round, creating greater risks. Remember a year ago, FTX also announced the sale of 3.4 billion USD including $SOL, $FTT, $BTC, $ETH, $APT... but these assets all increased sharply later.

ABOUT TO SELL BIGLY, EVERYONE.... FOLLOW AND COMMENT below !!

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