Worldcoin price has been on a wild ride, briefly touching $2 earlier this week. But before you start planning your trip to the Bahamas, let’s talk about the elephant in the room-or, more accurately, the whale in the crypto ocean. 🌊
It turns out, the big fish have been cashing in, and the technical charts are starting to look like a bad hair day. 🤷♂️
Worldcoin Whales Sell: A Tale of Profit and Panic
Over the past 48 hours, the Worldcoin whales-those with between 1 million and 10 million WLD-have dumped more than 49 million tokens, worth over $85 million. That’s enough to buy a small island, or maybe just a really fancy yacht. 🛥️
Despite the massive sell-off, these whales still control around 938 million WLD, which is like having the keys to the city in the world of cryptocurrencies. If they keep liquidating, the market might as well be wearing a “kick me” sign. 😅
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The macro momentum of Worldcoin is looking a bit like a roller coaster that’s just hit the brakes. The Relative Strength Index (RSI) is currently in the overbought zone, which is crypto-speak for “this party might be over soon.” 🎉🚫
This overbought condition usually means that the market is due for a correction, as investors start to think, “Maybe I should take my chips and run.” 🏃♂️💰
WLD Price: The Great Escape or the Great Fall?
Worldcoin is currently trading at $1.75, up 95% in the past week. It briefly flirted with the $2 mark, but couldn’t quite seal the deal, suggesting that the resistance is as stubborn as a mule. 🐴
Right now, WLD is hanging onto the $1.74 support like a lifeline. However, with the selling pressure and weakening momentum, it might not be long before it takes a nosedive to $1.54 or even $1.33. 📉
But don’t count out the bulls just yet. If the whales decide to give the market a break and investor confidence holds steady, Worldcoin could still pull off a comeback. Breaking past $2 would be like breaking the sound barrier, opening the door to further gains and possibly invalidating the bearish outlook. 🚀
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2025-09-11 22:17