- Whales withdrawing 3.6 million WLD from exchanges signal a potential significant price move for Worldcoin.
- Cryptocurrency company Amber Group withdrew 2.02 million WLD from OKX, contributing significantly to the spike in whale transactions.
- Worldcoin experienced a notable 12.78% surge, followed by a 6.11% drop after a major upgrade rollout.
Worldcoin (WLD) has taken center stage following a flurry of substantial whale activity. Ali, a prominent crypto analyst, has set the community abuzz with predictions of an imminent significant price surge for this digital asset.
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A colossal withdrawal of 3.6 million WLD from various crypto exchanges indicates a potential market-shifting move on the horizon. Among these mammoth transactions, the standout player was the cryptocurrency firm Amber Group, which made a substantial withdrawal of 2.02 million WLD from the OKX exchange. This maneuver notably contributed to the spike in whale activity observed within Worldcoin’s ecosystem.
Source: ali_charts
This whirlwind of activity coincided with Worldcoin’s recent performance fluctuations. The cryptocurrency experienced an impressive 12.78% surge, generating significant excitement among investors and enthusiasts alike.
However, this rapid ascent was swiftly followed by a notable 6.11% downturn, marked by a conspicuous red candlestick on the hourly chart. At the time of reporting, Worldcoin is currently trading at $2.55, showcasing a volatile yet dynamic market environment.
The pivotal events driving this volatility can be traced back to Worldcoin’s recent major upgrade rollout. This development likely acted as a catalyst, sparking both the surge and subsequent correction observed in the market. Ali, through astute observation and analysis, has highlighted the correlation between whale activity, the upgrade rollout, and the resulting market fluctuations, suggesting a potentially pivotal moment for Worldcoin.
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