$WLD Absolutely shorting!

On May 19th, the WorldCoin team transferred 13.18 million WLD tokens to a Coinbase address, worth about $3.09 million. This is almost a clear sign of selling pressure in the crypto circle. Both major players and retail investors are watching this on-chain information, and once market sentiment weakens, a sell-off could be triggered instantly. Taking advantage of the market still rallying strongly, I directly went all-in with a $400k short position!

1. The team’s transparent token distribution signals imminent selling pressure. This transfer is the third major concentrated movement by the WorldCoin team, with the previous two moves closely coinciding with local token price peaks. WLD is about to undergo a “cliff-like” large unlock in July, with over 52% of the total supply flooding into the market at once. Whales and early investors are offloading their low-cost holdings in batches before that. Under such a surge of supply, a downward trend is almost inevitable.

2. The global compliance storm continues to worsen. Privacy regulators have demanded that WorldCoin cease operations in Hong Kong, citing violations of privacy regulations related to biometric data collection and processing. Previously, Kenya ruled its data collection as illegal, Indonesia urgently halted its activities, and Spain and other countries issued multiple bans. Multiple markets worldwide are experiencing shutdown waves, and the user base and channels supporting WLD growth are shrinking continuously.

3. Heavy short positions are pressing in, and funding rates remain negative. The shorting force in the derivatives market has not receded, with shorts continuously increasing their bearish positions. If spot exchanges trigger chain concerns due to the team’s large transfers, the entire market could collapse in a “buy the dip” frenzy, leading to a massive sell-off.

Project team’s transparent dump, global regulatory storm spreading, token unlock flood passing. The $400k full-amount short is locked in, waiting for WLD to break below $0.25 for a free fall!