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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 | Flash News Detail | Blockchain.News
Latest Update
9/9/2025 3:01:00 AM

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

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).

Source

Analysis

In the ever-evolving landscape of cryptocurrency trading, significant movements from large holders can often signal broader market shifts, particularly for tokens like WLD associated with innovative AI projects. According to blockchain analytics from Lookonchain, the Teneo 3AC Liquidation Wallet has continued its selling spree, offloading another 2.25 million WLD tokens valued at approximately $2.88 million on September 9, 2025. This wallet, which initially received 75 million WLD two years ago, has been systematically reducing its holdings since July 26, 2024, and currently retains 52.47 million WLD worth around $92 million. For traders eyeing WLD price action, this ongoing liquidation from a prominent entity tied to the collapsed Three Arrows Capital (3AC) hedge fund introduces notable selling pressure that could influence short-term volatility and key support levels.

Ongoing Liquidation Impact on WLD Market Dynamics

As we delve deeper into the trading implications, it's crucial to consider how this persistent selling affects WLD's price trajectory. The wallet's activity, tracked via on-chain data, has already seen substantial volumes moved to exchanges, potentially contributing to downward pressure on WLD/USD and WLD/BTC pairs. Historically, large-scale liquidations from distressed funds like 3AC have correlated with temporary dips in token prices, as seen in past events with other altcoins. Traders should monitor support levels around the $1.20 to $1.50 range, based on recent chart patterns, where buying interest might emerge from retail and institutional investors. If the selling continues at this pace, with over 50 million WLD still held, it could test resistance at $2.00, offering swing trading opportunities for those positioning short on breakouts or long on confirmed reversals. Integrating this with broader market sentiment, WLD's ties to AI-driven narratives—stemming from its Worldcoin project backed by figures like Sam Altman—may attract renewed interest amid growing institutional flows into AI tokens such as FET or AGIX, potentially offsetting some of the bearish momentum.

Cross-Market Correlations and Trading Strategies

From a cross-market perspective, WLD's performance often mirrors movements in major cryptocurrencies like BTC and ETH, especially during periods of high volatility. With Bitcoin hovering near critical thresholds and Ethereum facing its own ecosystem upgrades, any correlation could amplify WLD's response to this liquidation news. For instance, if BTC experiences a bullish breakout above $60,000, it might lift altcoins including WLD, providing a hedge against the selling pressure. Traders could look at on-chain metrics such as trading volume spikes—recent data shows elevated volumes on pairs like WLD/USDT on platforms like Binance—indicating potential accumulation phases. Institutional flows, evidenced by similar whale activities in AI-related tokens, suggest that while short-term risks persist, long-term holders might view this as a buying dip. Risk management is key here; setting stop-losses below recent lows and targeting profit takes at Fibonacci retracement levels could optimize entries. Moreover, exploring correlations with stock market AI giants like NVIDIA or Microsoft might reveal indirect influences, as positive earnings from these could boost sentiment in crypto AI sectors, creating arbitrage opportunities between traditional equities and WLD futures.

Looking ahead, the broader implications for cryptocurrency markets extend beyond WLD, highlighting the interconnectedness of liquidation events and market stability. As the wallet holds a significant portion of WLD's supply, any acceleration in sales could lead to increased volatility, prompting traders to watch for patterns in daily trading volumes and whale transaction alerts. For those diversifying portfolios, pairing WLD analysis with ETH staking yields or BTC dominance charts offers a comprehensive view. Ultimately, this event underscores the importance of real-time monitoring in crypto trading, where institutional actions like these can swiftly alter market landscapes, presenting both risks and rewarding opportunities for astute investors. In summary, while the immediate outlook may lean bearish due to sustained selling, positive catalysts in AI adoption and crypto market recoveries could drive WLD towards higher resistance levels, making it a token worth watching for strategic trades.

Lookonchain

@lookonchain

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