In the last bull market cycle, around 2021, for emerging projects, being favored by a top venture capital (VC) institution was enough to prove the quality of their projects; and if they could attract investment from two top VC institutions, they would be considered a top-level project and attract much attention. However, things are unpredictable, and the $WLD project encountered such a special situation: the two top investment institutions behind it, San Arrow and Alameda, unfortunately fell into bankruptcy.
Faced with this sudden change, the two institutions holding WLD are now in urgent need of cashing out, and the total of about 100 million WLD they hold will gradually enter the market according to the original three-year release period. This huge supply will undoubtedly bring long-term downward pressure on the market price of $WLD, and market participants need to be vigilant about this, because this will be a process of gradually consuming market liquidity and may have an adverse impact on prices.
