Worldcoin Gains 11.08% as Binance Futures Open Interest Falls

Worldcoin (WLD) reached $0.55, gaining 11.08% over the cited measurement period, while falling Binance futures open interest added uncertainty about whether the move reflected short closures rather than new long positions. At 4 a.m. ET (08:00 UTC) on Oct. 10, Binance futures open interest was about $84.6 million, equivalent to 197,279,461 contracts, after declining 9.33% over 24 hours. A price increase alongside lower open interest can be consistent with traders closing short positions, but the figures do not establish that as the cause of the move. WLD traded within a 24-hour range of $0.49 to $0.58.

Source: TokenPost