Worldcoin: Open futures contracts exceed $449 million

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CryptoQuant News reports that Worldcoin (WLD) fell by more than 3% on Tuesday, with its trading price dropping below $0.50, yet it remains above a series of key exponential moving averages (EMAs). According to data from CryptoQuant News, Worldcoin futures open interest (OI) has risen to $406.86 million, up from $377.25 million on Sunday, indicating that new capital is flowing into the market. An increase in OI is often viewed as a sign of rising trader participation, which may reinforce the current price trend. Despite the positive backdrop in the futures market, CryptoQuant’s market summary shows that retail participation in both the spot and futures markets is high, and trading conditions are becoming increasingly tight, which could limit the pace of further upside. Worldcoin is currently trading at around $0.509, staying above a dense EMA support zone.
WLD-0.91%
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SushiSlippage
· 3h ago
CryptoQuant's data is quite interesting; retail investors are FOMOing in, but institutions are watching from the sidelines?
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MintConditionHuman
· 4h ago
Worldcoin's trend, futures pull spot prices down, a classic move.
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Front-RunningArbitrage
· 4h ago
Open interest exceeds 400 million, new funds are clearly entering, but the spot side can't keep up, which is indeed a hidden risk.
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NeonHalf-MeltedIceCream
· 4h ago
0.5 held steady; the key is whether it can break out with volume, otherwise it’s just a sideways grind that wastes time.
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BluePeonyObserver
· 4h ago
EMA support is still holding; no need to panic in the short term.
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