Worldcoin Price Skyrockets 95%—Whales’ WLD Supply Plunges to July Lows
WLD's massive surge sends major holders scrambling—supply levels haven't been this thin since summer.
Whales are cashing out
Big players slashed their holdings as prices ripped upward—95% gains tend to make even diamond hands itchy. The sell-off drained available supply back to July's baseline, back when most traditional finance folks were still arguing about 'digital tulips.'
Market dynamics shift fast
Retail momentum's picking up the slack, pushing volumes higher as institutions lighten their loads. Classic crypto—whales take profits, newcomers chase the pump. Some things never change, even if the tech does.
Where's it headed next?
Supply crunches often precede bigger moves—but whether that's up or down depends on who's buying the dip. If history's any guide, the 'smart money' will quietly restack bags right around the time CNBC starts hyping the rally. Funny how that works.
Worldcoin Whales Sell
Large Worldcoin holders have played a significant role in shaping recent market moves. Over the past 48 hours, whale addresses holding between 1 million and 10 million WLD sold more than 49 million tokens, valued at over $85 million. This heavy selling reflects profit-taking behavior.
Even after the sell-off, these whale wallets still control around 938 million WLD, making them an influential cohort for price action. If they continue liquidating holdings, the selling pressure could easily outweigh bullish sentiment from smaller traders, preventing WLD from holding its recent gains.
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Worldcoin’s macro momentum is showing signs of strain as technical indicators flash caution. The Relative Strength Index (RSI) is currently sitting in the overbought zone, signaling the asset has hit a saturation point. Such conditions typically precede market corrections as investors look to exit at higher prices.
This reading suggests that whales’ recent selling was not accidental but aligned with broader technical signals. If the RSI continues to hover in overbought territory, more profit-taking could occur, potentially leading to a price reversal in the short term.
WLD Price May Take A Hit
Worldcoin is currently trading at $1.75, up 95% in the past week. The token briefly crossed $2 during its intra-day rally, but it failed to hold above that level, suggesting resistance remains strong.
At present, WLD is clinging to the $1.74 support. However, given the heightened selling pressure and weakening momentum, the token could fall through this floor. A decline to $1.54 or even $1.33 remains possible if sellers dominate.
That said, if whales ease their selling and investor confidence stabilizes, Worldcoin Price could defy the bearish trend. A push past $2 would open the door for further gains, with $2.17 emerging as the next target and potential invalidation of the bearish outlook.
