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crypto supply overhang Flash News List | Blockchain.News
Flash News List

List of Flash News about crypto supply overhang

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03:01
Teneo 3AC Liquidation Wallet Sells Another 2.25M Worldcoin (WLD) for $2.88M; 52.47M WLD Still Held After Ongoing Sales Since July 26, 2024

According to @lookonchain, the Teneo 3AC Liquidation Wallet sold another 2.25M WLD worth $2.88M today (source: @lookonchain). The wallet received 75M WLD two years ago and has been selling since July 26, 2024 (source: @lookonchain). It still holds 52.47M WLD valued at $92M, viewable at intel.arkm.com/explorer/address/0x9ceb1acb844c759bd47D7026E9A9f168260F0328 (source: @lookonchain; Arkham). Based on these figures, approximately 22.53M WLD—about 30% of the original 75M—has been distributed since selling began (source: @lookonchain). At the recent 2.25M-tranche pace, the remaining balance equates to roughly 23 similar tranches that traders can monitor as potential supply entering the market (source: @lookonchain; Arkham).

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