WorldCoin Unlocks 5.02 Million WLD Tokens Worth $11.70 Million Amid Market Movements

WorldCoin is set to unlock 5.02 million WLD tokens today, representing 0.05% of its total supply, valued at $11.70 million.

According to on-chain reports, earlier today, market maker Amber Group deposited 600,000 WLD tokens, worth $1.42 million, into Binance.

Since May 4, the WorldCoin project’s multi-signature address 0xE79…861a3 has transferred a total of 4.15 million WLD tokens to this address, with a cumulative value of $17.08 million. These tokens are typically moved to exchanges immediately after being received.

The price of WorldCoin has experienced a significant decline of 53.4% over the past three months, dropping from $5.131 to $2.39 since the initial transfer.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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