According to on-chain analyst Ember, since the linear unlocking of WLD investors’ tokens began at the end of July, two institutions that have gone bankrupt and are also WLD investors are continuing to sell the unlocked WLD.
3AC obtained 75 million WLD through investment and has been selling unlocked WLD since the end of July. So far, a total of 2.538 million WLD (worth $4.06 million) has been sold.
Alameda obtained 25 million WLD through investment and has been selling WLD once a week since the beginning of August. So far, a total of 1.129 million WLD (worth $1.8 million) has been sold.
According to the current sales frequency and quantity of these two institutions, it will take about three years for their WLD to be fully unlocked and sold.