Amber Group Withdraws $4.92 Million in WLD Tokens from Binance
On-chain data shows Three Arrows Capital’s liquidators deposited 2.25 million WLD tokens worth $2.88 million to exchanges after a 55% price surge, leaving holdings of 52.47 million tokens valued at $101 million.
WLD
Fact Check
The statement is directly confirmed by multiple independent sources. Evidence from edgen.tech and Binance Square explicitly states that Amber Group withdrew 4.68 million WLD tokens worth $4.92 million from Binance. Other sources corroborate the withdrawal of 4.68 million WLD tokens with a nearly identical value of ~$4.9 million, providing strong and consistent support for the claim.
Summary
On September 9, following a 55% surge in WLD’s price, Three Arrows Capital liquidators Teneo transferred 2.25 million WLD tokens, worth $2.88 million, to Binance, OKX, and Bybit. According to on-chain data from spotonchain, Teneo still holds 52.47 million WLD valued at about $101 million. The liquidation wallet originally received 75 million WLD two years ago and has reduced holdings by 30% since July 2024.
Terms & Concepts
- WLD (Worldcoin): A cryptocurrency token used in the Worldcoin ecosystem, designed to facilitate transactions and governance.
- Binance: One of the world’s largest cryptocurrency exchanges, offering trading, withdrawals, and storage for digital assets.
- Bybit: A cryptocurrency derivatives exchange offering trading in perpetual contracts and futures, with a focus on Bitcoin and Ethereum markets.