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Worldcoin Sells 234.9M $WLD Tokens Worth $65.32M in Recent OTC Deals
Worldcoin has sold 226.43M $WLD ($63M) and another 8.471M $WLD ($2.32M) through OTC deals over the past 10 days, Totaling around 234.9M $WLD worth $65.32M.
They also deposited 35.8M $USDC to Circle for cash-out.
For about 2 years, Worldcoin has been regularly selling $WLD through market makers like Flow Traders and Wintermute. But the recent volume in such a short period raises concerns about heavy sell pressure on the token.
Not Financial Advice. ALWAYS DYOR.