In the wake of World Coin ($WLD) unveiling World ID 2.0, an enhanced iteration of its World ID feature, coupled with seamless integration into major platforms such as Shopify, Mercado Libre, Reddit, and Telegram.
This allows users to verify their humanity on these widely used services, recent revelations from analytics platform Spotonchain, as reported on X, indicate a fresh wave of accumulation by whales.
SpotOnChain’s CEX Netflow Volume chart exhibited discernible negative spikes, detected just a few hours ago, signifying ongoing accumulation of $WLD by whales from various exchanges.
🚨🚨 Market makers withdrew 3.02M $WLD ($7.61M) from exchanges in the past 4 hours.
1. Amber Group withdrew 2.02M $WLD ($5.09M) from #OKX ~45 mins ago.
2. Whale 0xbd8 (likely an MM) withdrew 1.0M $WLD ($2.52M) from #Binance ~4hrs ago.
The negative spikes in #SpotOnChain's CEX… pic.twitter.com/JQUBofsVEu
— Spot On Chain (@spotonchain) December 14, 2023
$WLD Market Movers To Watch
In the recent activity, market makers executed a withdrawal of 3.02 million $WLD (equivalent to $7.61 million) from exchanges. Specifically, Amber Group withdrew 2.02 million $WLD (valued at $5.09 million) from OKX. Simultaneously, Whale 0xbd8, likely representing a market maker, withdrew 1.0 million $WLD (amounting to $2.52 million) from Binance a few hours ago.
These strategic moves by whales are seen as anticipation of an imminent boost in the token’s price. As of the current evaluation, the token maintains its value at $2.5.
The integration of World ID 2.0 and its alignment with prominent platforms underscores the token’s growing utility and accessibility. The observed accumulation by whales suggests a bullish sentiment surrounding $WLD, with investors positioning themselves for potential gains in the near future.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
