Worldcoin team-linked address moves 9.57M WLD, sends 6.5M to exchanges
- —Address received 9.57M WLD three years ago, then worth $14.45M
- —All tokens moved within four hours; 6.5M WLD ($2.83M) sent to exchanges
- —WLD has fallen 71.2% since receipt, from $1.51 to $0.4351
- —WLD is down 26.41% over the past week
Why it matters: A large WLD transfer to exchanges raises the risk of selling pressure on a token that has already lost more than a quarter of its value in a week.
Source: PANews