BE very Careful #Wld holders .
Cryptocurrency exchange FTX plans to auction 22.3 million WLD at a discount of 40% to 75% 😨
Interested parties had until the end of the day on October 2, 2024 to submit bids. The company will notify those counterparties whose bids will be considered on October 3.
❗️ However, there is no need to panic, this is unlikely to significantly affect the price: firstly, the sale will be outside the market, and secondly, the tokens will have to be vested for a period of four years. They will be unlocked gradually starting from December 1, 2024.
The minimum bid to participate in the auction is $2.5 million. At the same time, these crypto assets are valued at approximately $38 million at the market price 💲
📉 WLD is currently in a deep correction phase, or more precisely, in a decline phase. The price has not reacted much to this news and is unlikely to react in the future.
