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Binance moves 10M WLD across 5 addresses – Worldcoin extends its slide to $0.36

Binance moves 10M WLD across 5 addresses – Worldcoin extends its slide to $0.36

Photo: AMBCrypto

Worldcoin [WLD] is down about 5% in the past 24 hours, extending this week's losses to more than 17%. Over the past two weeks or so, WLD has dropped from $0.58 to the current prices of $0.36. This extended decline has several causes, including Binance's hack, selling from both large and small investors, and capital flight. Here is how: Why is Worldcoin crashing? Whales and exchanges are dumping Worldcoin tokens at a very high speed. For instance, Binance transferred 10 million WLD, redistributing them across five addresses at the time of the press.

Source: AMBCrypto

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