WLD Plunges 15.8% to $0.459 on Reports of 19M Token Exchange Deposit
- —Price sits below 7-, 15- and 30-day SMAs with a bearish MACD and RSI at 43.2
- —Volume of $531.8 million is 32.97% above the 30-day average
- —A 19M WLD deposit and a 100.1M token unlock are reported but unconfirmed
- —Market cap is about $1.7 billion; price remains above 90- and 200-day SMAs
Why it matters: Potential supply from the unlock and exchange deposits is weighing on WLD, but the data is unconfirmed, leaving room for cascading selling.
Source: DiarioBitcoin