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Alameda Research Continues Significant Weekly Deposits Of $WLD To Binance Amidst Worldcoin Price Surge

For the past two months, Alameda Research has been making consistent weekly deposits of 143,770 $WLD (currently valued at $265,000) to Binance.

Since August 9, the firm has transferred a total of 1.56 million $WLD (worth approximately $2.51 million) in 10 separate batches, with an average price of $1.605 per token.

Despite these regular deposits, Alameda still holds a sizable 23.44 million $WLD, valued at around $43 million. At this pace, it could take them more than three years to fully offload their holdings.

Alameda Holds Over $68 Million Worth Of $MNT

Alameda’s largest remaining position is 98.86 million $BIT tokens (now rebranded as $MNT), currently valued at $68 million. Notably, this substantial holding becomes available for sale in November when a three-year no-sale agreement with BitDAO comes to an end.

Meanwhile, Worldcoin, which has seen a significant rise in value recently, is benefiting from OpenAI’s ongoing global expansion. The company, led by Sam Altman, is preparing to open new offices in key locations, including the U.S., France, and Asia, reflecting its ambitious growth plans.

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With OpenAI scaling its operations and Worldcoin gaining momentum, market observers are closely watching Alameda Research’s future moves in relation to both $WLD and $BIT tokens.

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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Image Source: fotographic/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

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