FTX/Alameda has only 334,000 out of the 25 million WLD obtained through investment left
According to on-chain analyst Yu Jing, FTX/Alameda's 25 million WLD holdings have almost been sold out. Today and half a month ago, FTX/Alameda transferred a total of 21.856 million WLD (worth $58.77 million) to five BitGo custodial wallets from their address, which were likely sold to some large investors or institutions through OTC transactions. In addition, since August they have transferred a total of 2.809 million WLD to Binance at a frequency of once per week. The 25 million WLD that FTX/Alameda obtained through investment now only amounts to 334 thousand WLD (worth $800 thousand).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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