FTX/Alameda is close to offloading its entire allocation of 25 million WLD tokens. Over the past few weeks, the entity’s wallet transferred a total of 21.856 million WLD tokens—valued at $58.77 million—to five BitGo custodial wallets.
These transactions are believed to be over-the-counter (OTC) sales to major investors or institutions.
FTX/Alameda 手上的 2500 万枚 WLD 卖的差不多了。
FTX/Alameda 地址在今天和 半个月前，一共向 5 个 BitGo 托管钱包转移了 2185.6 万枚 WLD ($58.77M)。这很可能是通过 OTC 的方式出售给了一些大投资者或机构。
再加上他们从 8 月份以来以每周一笔的频率一共向币安转移了 280.9 万枚 WLD。… pic.twitter.com/ohOClqunQR
— 余烬 (@EmberCN) December 19, 2024
Additionally, since August, FTX/Alameda has transferred 2.809 million WLD to Binance, completing one transaction per week on average. Now, only 334,000 WLD tokens, worth approximately $800,000, remain from the original investment.
Market trends indicate that Smart Dex Traders (SDTs) exited their positions at an average price of $3.8. While some investors have repurchased tokens, the majority have not returned to the market. Whale activity shows a mixed outlook, with some exiting at $3.9, while others with a mid-term perspective are starting to accumulate. However, at today’s price of $2.4, there has been no significant buying activity.
🔍 Quick Catchup on $WLD
Figure 1: Smart Dex Traders (SDTs) sold at $3.8. Some investors have returned to buy, but overall, most have not come back yet. If you’re trading short-term, you might want to keep an eye on the SDTs.
Figure 2: Some Whales exited the market at $3.9. A… pic.twitter.com/A4IFWDlIKm
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) December 19, 2024
Meanwhile, technical analysis suggests potential opportunities in the broader market. According to analyst Ali Martinez, the TD Sequential indicator has flashed buy signals for several assets, including XRP, Solana ($SOL), Maker ($MKR), and Worldcoin ($WLD), on their 4-hour charts.
The TD Sequential indicator presents buy signals on the $XRP, #Solana $SOL, #Maker $MKR, and #Worldcoin $WLD 4-hour charts! pic.twitter.com/2MO4Ic1DET
— Ali (@ali_charts) December 19, 2024
The dwindling supply of WLD in FTX/Alameda’s holdings, combined with current market activity, reflects a cautious sentiment among investors. While some are positioning for the long term, the overall market appears hesitant to take new risks at the current price levels.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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