$WLD It took 4 hours to rise 17% to the first place in the increase list. The related positive news was the news that "OpenAI's new internal test model has reasoning ability". The total amount of this coin is 10 billion, and the daily unlocking amount is about 2.8 million. Since the unlocking began, it has been falling all the way. The project party and related investors have hoarded a large number of tokens, and they will definitely choose the opportunity to cooperate with the good news to increase shipments.
In the past 24 hours, according to the fund flow chart, WLD has transferred nearly 3 million coins into the exchange in large orders. The purpose of transferring large amounts to Binance is self-evident.
It can be seen from the liquidation chart that a lot of short positions have been liquidated. Is it possible that the next few million long positions will be liquidated?
At present, WLD has already risen a lot. If you chase the rise now, you are gambling on how long the dealer can continue to pull it up, which is too risky.
In the long run, the trend of wld is downward, and the rise during the decline is just to sell off the huge amount of unlocked tokens.