🔥 FTX/Alameda is about to completely liquidate 25 million WLD! There are hidden secrets behind the market trends! 🔥
According to on-chain data analysis, the 25 million WLD (Worldcoin) that FTX/Alameda once held has almost been sold out! This liquidation is not a small-scale operation; on-chain data shows that they have transferred 21.856 million WLD (worth approximately 58.77 million USD) to 5 BitGo custody wallets, likely to be sold to large institutions or investors through OTC transactions. 🧐
📉 Key points:
Since August, FTX/Alameda has been transferring 2.809 million WLD to exchanges weekly, gradually liquidating their holdings. Currently, they only have 334,000 WLD left (about 800,000 USD), which means that the once 'large holding' has almost been sold off! 💰
🤔 Market impact:
Supply decreases, price volatility risk increases: FTX/Alameda's large-scale sell-off may have absorbed some of the market supply, which could lead to increased price fluctuations for WLD in the future. Institutional investors take note: the large amount of WLD transferred to potential institutional investors suggests they may be making long-term arrangements, or waiting for new market opportunities.
