【Worldcoin Transfers $12 Million Worth of WLD to 5 Market Makers】
Recently, the cryptocurrency market has shown weak trends, with all major assets retreating to support levels, and the market liquidation amount reached $11.725 million in the past 24 hours. Among them, Worldcoin (WLD) has once again entered a bearish trend after a moderate rise. WLD reached a high of $2.32 and a low of $2.19, currently priced at $2.27, down more than 1%.
According to CoinMarketCap, WLD's daily trading volume has decreased by over 16%, reaching $197 million, with a market liquidation amount of $1.45 million. Over the past week, Worldcoin has distributed 5.3 million WLD tokens to multiple market makers, totaling $12 million, in an attempt to provide liquidity to the market.
Technical analysis shows that WLD's RSI is 45, the short-term moving average is below the long-term moving average, and the MACD is also below the signal line, indicating continued bearish pressure. WLD may bounce back to $2.24, but if bearish pressure intensifies, the price may drop to the $2.20 range. If upward momentum strengthens, it may challenge $2.30 and even rise to $2.35.
