Alameda Research It continues to pay its creditors by transferring 698,312 WLD to Binance since August. The company’s major assets include 98.86 million BIT (now known as MNT) and 24.3 million WLD. BIT sales are expected to begin in November. WLD The transfers accelerated after a New York judge ordered the company to pay $12.7 billion.
The Company’s Focus is on WLD Transfers
One of the developments that has attracted attention in the cryptocurrency world is the research carried out by Alameda Research since August. WLD transfers. The company has sent a total of 698,312 WLD to Binance since August 9. The transfers are part of the company’s strategy to speed up the payment process to its creditors. The transfers, which were made in four smaller batches after the initial transfer, represent a total value of $1.13 million. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Alameda Research currently has two major assets in its portfolio: 98.86 million BIT and 24.3 million WLD. The total value of BIT assets is around $78.8 million, while the value of WLD assets is around $36.2 million. The WLD sale has started, but all eyes are now on BIT sales. The company is expected to start these sales in November. Of course, such a move could create new volatility in the cryptocurrency market.
The First WLD Transfer Was Made On August 9
The first WLD transfer, which took place on August 9, came after a New York judge ordered FTX and Alameda Research to pay $12.7 billion in debt. The development suggests that the company will take aggressive steps to provide liquidity in the cryptocurrency market. BIT sales may cause significant price movements in the market.
Alameda Research’s moves are not only considered as a debt payment strategy in the cryptocurrency world, but also as an important development that will guide the market. Alameda Research’s asset management and debt payment strategy in the cryptocurrency market will continue to be closely monitored in the sector. November, when WLD transfers will continue and BIT sales will begin, may be a critical period for cryptocurrency investors. Liquidity fluctuations and price movements in the market during the process present both opportunities and risks for investors.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
