Worldcoin (WLD) Cost Drops 7% After a Whale Withdraws $9.5 Million in Tokens from Binance

Worldcoin (WLD) is back in the spotlight, however not for factors its holders would like. The token just recently dipped to $0.9492, slipping over 7% on the day, even as its trading volume spiked by 86.41%, CoinMarketCap information programs. While big withdrawals are not constantly bearish, movements of this scale from new addresses frequently signal that […] The post Worldcoin (WLD) Cost Drops 7% After a Whale Withdraws $9.5 Million in Tokens from Binance appeared first on Coin Edition.

Whale Withdrawal Precedes Bearish Technical Breakdown According to Onchain Lens, a newly created wallet withdrew 10.07 million WLD (worth around $9.51 million) from Binance. Related: Sam Altman brings his eye-scanning identity confirmation start-up to the UK WLD Price Prediction: A Look at the Disadvantage Targets WLD’s rate just recently broke down from an ascending broadening wedge, a notoriously unstable and undependable bullish extension pattern that typically turns bearish when momentum weakens. The breakdown was followed by a traditional retest of the supply zone between $1.069 and $1.125, which WLD failed to reclaim, reinforcing the bearish case.

Whale Withdrawal Precedes Bearish Technical Breakdown According to Onchain Lens, a freshly created wallet withdrew 10.07 million WLD (worth roughly $9.51 million) from Binance. Related: Sam Altman brings his eye-scanning identity verification startup to the UK WLD Rate Prediction: A Look at the Disadvantage Targets WLD’s cost recently broke down from a rising widening wedge, a unreliable and notoriously unpredictable bullish extension pattern that often flips bearish when momentum compromises. The breakdown was followed by a classic retest of the supply zone in between $1.069 and $1.125, which WLD stopped working to recover, reinforcing the bearish case. Related: WLD Rate Tests Resistance Following Worldcoin’s Major USDC Partnership with Circle According to the analysis, key drawback targets are: $0.847– a near-term support where cost might pause.

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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