Svmuu News: According to data from Yu Jin, the World Foundation sold approximately 217.4 million WLD to Pantera Capital and other institutions about 8 hours ago, raising $52.5 million. Although the official selling price was not disclosed, based on on-chain transaction data and the amount raised, the average selling price for this transaction was approximately $0.24—a discount of about 36% compared to WLD’s current market price.
Yu Jin noted that this batch of WLD must be locked up for one year, and the lock-up arrangement may be one of the reasons for the discounted sale.