Lookonchain monitoring data reveals that significant WLD withdrawals are taking place from OKX and Binance. In the past three hours, a new wallet has withdrawn 4.12 million WLD, valued at approximately $6 million. Alongside this, Amber has withdrawn 500,000 WLD, approximately $730,000, from OKX. This is Amber's first withdrawal after a pause of 87 days.

Additionally, it is important to note that since August 29, GSR has amassed 7.4 million WLD, which is valued at around $10.8 million. This data signifies a considerable accumulation of WLD by both whales and institutions.