Whales selling Worldcoin [WLD] have created significant selling pressure, with nearly 5 million tokens dumped, reflecting over 9 million USD. This sell-off coincided with a rise in supply on exchanges, signaling potential short-term challenges for WLD.
The declining number of coins outside exchanges and a decrease in daily active addresses suggest waning demand for WLD. The market sentiment remains neutral, reflecting uncertainty among traders regarding the future price of WLD.