WLD Brace for $0.25 Test as Team Sends 30M Tokens to Custody
Worldcoin (WLD) is in focus as the team has transferred 30M WLD (about $8.17M) to a BitGo custody wallet, lifting the wallet balance to ~153.65M WLD. While custody transfers do not guarantee immediate selling, reports note the team often uses OTC after such moves—so traders watch for follow-through selling.
The tape is turning heavier on exchanges. In the past 24 hours, WLD saw sell volume of ~27M versus buy volume of ~24M, with Binance leading activity. On the weekly view, sell volume exceeds 890M, and Exchange Net Highs-Lows staying positive for over a month suggests exchange inflows are outpacing outflows—usually a bearish market-structure signal.
Earlier price strength toward ~$0.27 appears to be fading: whale activity has largely dropped in the last 24 hours, and RSI has slipped from ~55 to ~51. WLD remains above the 20-day EMA, but upside may be capped if demand weakens.
Key levels traders are watching for WLD: testing the 50-day EMA near $0.28. A reclaim could target $0.30. If WLD breaks down from ~$0.25, the next downside area is around $0.23, with $0.25 acting as the near-term decision point.
Bearish
WLD faces bearish risk because the story now combines (1) team-linked token movement into custody, which historically can precede OTC selling, with (2) clearer exchange order-flow pressure—sell volume outweighing buy volume, heavy Binance participation, and exchange inflows outpacing outflows. Even though WLD is still above key short-term trend indicators (e.g., 20-day EMA), momentum has cooled: whale activity has faded and RSI has slipped. This setup increases the probability of a rejection near $0.28 and a breakdown toward the $0.25-to-$0.23 zone, making near-term downside bias the most actionable trade perspective.