BlockBeats News, September 9th, according to spotonchain monitoring, the “smart money” and institutions started selling off after today’s WLD price surged by 55%:
Three Arrows Capital’s liquidation agent Teneo deposited around 2.25 million WLD (approximately $2.88 million) to Binance, OKX, and Bybit about 18 hours ago, holding the remaining 52.47 million WLD (approximately $101 million). Their liquidation wallet received 75 million WLD two years ago and has sold 30% of the original amount since July 2024.
