Worldcoin Whale Accumulation Sparks Optimism Amid Weak Broader Demand
A large Worldcoin (WLD) investor has accumulated over $1 million worth of tokens through a series of carefully distributed Binance purchases, sparking optimism about a potential trend reversal.
The AI-focused investor purchased 3.32 million WLD at an average price of $0.3095, reducing execution costs while quietly building exposure.
This is not the investor's first foray into Worldcoin, as they previously accumulated $10.41 million worth of tokens and sold nearly $10 million, leaving an estimated $670,000 in realized profit.
Despite the whale's positioning, broader Spot demand remains weak, with aggressive sell orders continuing to exceed market buys.