Markets· ★★· bearish·

Worldcoin falls 7% after team-linked wallet sells 2.75M WLD

  • —Team- or VC-linked wallet sold 2.75M WLD for $1.61M on Binance
  • —The same address moved 7.745M WLD worth ~$4M six days earlier
  • —Weekly gains shrank to 14%; daily volume topped $408M
  • —Perps volume fell from $634K to $88.3K, DEX volume near $500K a day
Why it matters: Team selling and weak on-chain activity weigh on WLD; a break below $0.46 would expose the $0.40 demand zone.
Source: AMBCrypto