Worldcoin Faces Significant Price Correction
The price of Worldcoin ($WLD) has dropped by approximately 25% in the last 24 hours, marking a major valuation correction. Despite this decline, a whale investor took a significant risk, purchasing 1.242 million WLD tokens worth $3.48 million on the OKX exchange during early Asian trading hours.
Whale Increases Its Worldcoin Holdings
This purchase increased the whale's total holdings to 2.69 million WLD tokens, valued at approximately $7.52 million. Within less than two months of trading this altcoin, the whale has achieved a net profit of $878,000, representing a 9% gain. Out of this amount, $289,000 constitutes realized profits.
A Strategic Move Amid a Declining Market
This case demonstrates how large market players can seize opportunities to increase their positions even during periods of significant price corrections. Whether this strategy will pay off in the long term depends on Worldcoin's future price performance.
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