An address linked to the Worldcoin team deposited 10.5 million WLD tokens worth $4.857 million into OKX. Three days earlier, another team-linked address transferred $1.6 million in WLD to exchanges, potentially adding to selling pressure. WLD fell to $0.45 and recorded five consecutive lower closes. Meanwhile, $63 million in new positions was opened in perpetual futures, while spot-market net flows remained negative, indicating bearish momentum despite renewed interest in buying the dip.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
