WLD: an on-chain signal worth paying attention to š
Multisig-linked address deposits 42.37 million WLD (about $19.59 million) to Binance within 8 hours, and the address is emptied immediately.
Highlights: this address has been completely idle for 5 months, and this time it all gets transferred out at once.
Possible explanations:
1ļøā£ Project treasury migrationāreplacing the multisig signers
2ļøā£ Market-making fund reallocationāsupplying exchange liquidity
3ļøā£ Preparing to sellābut remember: depositing to an exchange ā immediately dumping the market
Recently, there hasnāt been much big news for WLD, and thereās no extreme market move. So why is it moving now?
Everyoneās attention is focused on the ZEC squeeze and the BTC reboundāvery few people are discussing this on-chain data.
No bearish call, no market prediction. Just a large pool of dormant capital suddenly movingādonāt dismiss it outright.
$WLD #Worldcoin #crypto
Multisig-linked address deposits 42.37 million WLD (about $19.59 million) to Binance within 8 hours, and the address is emptied immediately.
Highlights: this address has been completely idle for 5 months, and this time it all gets transferred out at once.
Possible explanations:
1ļøā£ Project treasury migrationāreplacing the multisig signers
2ļøā£ Market-making fund reallocationāsupplying exchange liquidity
3ļøā£ Preparing to sellābut remember: depositing to an exchange ā immediately dumping the market
Recently, there hasnāt been much big news for WLD, and thereās no extreme market move. So why is it moving now?
Everyoneās attention is focused on the ZEC squeeze and the BTC reboundāvery few people are discussing this on-chain data.
No bearish call, no market prediction. Just a large pool of dormant capital suddenly movingādonāt dismiss it outright.
$WLD #Worldcoin #crypto
