3AC and Alameda Research Expected to Take Three Years to Sell Off All WLD Tokens

Quick Summary:

3AC and Alameda Research Expected to Take Three Years to Sell Off All WLD Tokens The ongoing liquidation of WLD tokens by Three Arrows Capital (3AC) and Alameda Research could take up to three years, according to projections based on recent sales data.

At the current rate of selling, @EmberCN estimates that it will take approximately three years for both 3AC and Alameda to sell all of their unlocked WLD tokens.

Since the linear unlocking of WLD tokens began at the end of July 2024, both bankrupt entities have been steadily selling their unlocked tokens, according to a post on X by @EmberCN.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News 3AC and Alameda

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-21 @ 20:59:30 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 797 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © BitcoinWorld

News ID: 22633417

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