Journalist
- Worldcoin saw an uptick in whale sell-offs into the weekend
- Altcoin’s selling pressure capped its recent recovery and dragged it towards $2
On 17 January, Worldcoin [WLD] recorded massive profit-taking by whales to capitalize on its recent 22% recovery gains. In fact, according to the analytics platform Santiment, WLD was among those that saw a +$1M sell-off on Friday.
Nearly 5M WLD tokens (4.73M, worth over $9M) were dumped on centralized and decentralized exchanges, as illustrated by the spike in Exchange Inflows (red).
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