In July, according to EmberCN, when Worldcoin (WLD) launched, it lent a collective sum of 100 million WLD to five market makers to enhance liquidity. According to the terms, these market makers must either return the coins or buy them at a price ranging between $2 to $3.12 by the conclusion of a three-month term, which is slated for October 22. With the date less than a month away, a close examination of the recent on-chain activities and the current WLD holding statuses of these market makers unveils notable insights.
Wintermute
Initially allocated 28 million WLD, Wintermute now holds 14.16 million WLD on-chain. In the recent fortnight, there has been a retrieval of 1.93 million WLD from Binance. This reflects a possible preparation towards fulfilling the loan settlement terms. The retrieval also suggests a level of activity that might be aimed at either returning the borrowed sum or purchasing them as per the agreed price range.
Read more…
