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Analysis: Three Arrows Capital and Alameda need 3 years to close all positions their WLD shares
BlockBeats news, on September 21st, on-chain data analyst Yu Jin posted on social media, stating that the token shares of WLD investors have been linearly unlocked since the end of July. Two institutions that have gone bankrupt and are also WLD investors are continuing to sell the unlocked WLD. Among them: · Three Arrows Capital acquired 75 million WLD through investment and has been selling the unlocked WLD since the end of July, with a total of 2.538 million WLD sold (approximately $4.06 million). · Alameda acquired 25 million WLD through investment and has been selling WLD once a week since early August, with a total of 1.129 million WLD sold (approximately $1.8 million). Based on the current selling frequency and quantity of these two institutions, it will take them about three years to complete the unlocking and selling of their WLD.