Let’s look at it from the perspective of token holders: two wallets belonging to one entity transferred 14.48 million WLD, worth $7.21 million, to Binance 9 hours ago.
When the news comes out, two things often happen in the market at the same time:
Early movers take profits.
Latecomers start buying in.
Which group has the upper hand determines the direction of the trend. $WLD 24h trading volume: $39.25 million. Watch for an abnormal surge in trading volume.