Whales Sees WLD as Opportunity After Massive Buy: Will This Affect the Market?

• Lookonchain observed whales and various institutions are accumulating Worldcoin (WLD).
• Indicators such as RSI and Bollinger Bands highlight a possible bullish breakout in the future.
• According to CoinMarketCap, WLD was changing hands at $1.49 after witnessing a devastating blow of 7.17% in 24 hours.

Lookonchain, a market analytics platform, recently announced on X that whales and various institutions are accumulating Worldcoin (WLD). Based on the analysis, a fresh wallet withdrew 4.12 million WLD from OKX and Binance in the past 3 hours.

Institutions such as GSR have accumulated 7.4 million WLD since August 29. Moreover, Amber also withdrew 500,000 WLD from OKX recently. These accumulations have the potential to greatly affect the price of the Worldcoin token.

Despite the huge amount of accumulation from whales and …

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