Reading the Chart | A Worldcoin-linked address transfers 9.57 million WLD after lying dormant for three years, with 6.5 million deposited to exchanges
Short-term moves follow sentiment, while bigger-picture moves follow trends. This news mainly affects the short term. Only when the price returns to where it was before the news broke and holds there will it show that this news has real weight.
This is somewhat positive, but it’s hardly unprecedented for prices to spike and then pull back after good news.
$WLD , down 5.93% on the day, with an intraday range of 0.4138–0.4538.

#WLD

I may not be right, so make your own call.