Key Highlights:
- World Foundation sold $65M worth of WLD via OTC deals
- Tokens sold at steep discounts as price hits all-time lows
- Large upcoming unlocks could add further selling pressure
Large-scale OTC token sales revealed
The World Foundation disclosed that its subsidiary sold $65 million worth of WLD tokens through over-the-counter deals.
Around 239 million tokens were sold at an average price of roughly $0.27.
Significant discount compared to earlier rounds
The sale price is far below previous funding rounds, where WLD traded above $1 and even above $5 in earlier phases.
The token is now down roughly 97% from its peak, reflecting heavy selling pressure and weak market sentiment.
More supply pressure ahead
The situation could worsen, as a major token unlock event is scheduled for mid-2026. This could release a large amount of new supply into the market.
Combined with ongoing treasury sales, this raises concerns about continued downward pressure on price.
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theblock.
