- Worldcoin’s large transactions dipped by 74% over the last 24 hours.
- A test of the ascending trendline support level might be on the horizon.
The Worldcoin [WLD] ecosystem is already in an uproar after the recent German directive to delete iris scans.
An attempt to handle this situation with the most cautiousness in terms of privacy has further complicated Worldcoin’s adoption efforts.
The ripple effects are already beginning to appear in the market, more so in whale activity-a key driver of WLD’s price momentum.
Data from IntoTheBlock showed a significant 74% drop in WLD’S large transactions over the past 24 hours. This sharp decline indicated a potential pause or reevaluation by major investors.
Since the altcoin’s whale activity often correlates with market sentiment, the current trend could depend heavily on WLD’s short-term trajectory.
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