Investing.com - Financial Markets Worldwide
🤔 This week: TSLA Q3 earnings report - is now the right time to buy the EV giant?Explore TSLA Data

Whales Sees WLD as Opportunity After Massive Buy: Will This Affect the Market?

Published 10/20/2023, 01:25 AM
Updated 10/20/2023, 01:45 AM
Whales Sees WLD as Opportunity After Massive Buy: Will This Affect the Market?

  • Lookonchain observed whales and various institutions are accumulating Worldcoin (WLD).

  • Indicators such as RSI and Bollinger Bands highlight a possible bullish breakout in the future.

  • According to CoinMarketCap, WLD was changing hands at $1.49 after witnessing a devastating blow of 7.17% in 24 hours.

Lookonchain, a market analytics platform, recently announced on X that whales and various institutions are accumulating Worldcoin (WLD). Based on the analysis, a fresh wallet withdrew 4.12 million WLD from OKX and Binance in the past 3 hours.

Institutions such as GSR have accumulated 7.4 million WLD since August 29. Moreover, Amber also withdrew 500,000 WLD from OKX recently. These accumulations have the potential to greatly affect the price of the Worldcoin token.

Despite the huge amount of accumulation from whales and …

The post Whales Sees WLD as Opportunity After Massive Buy: Will This Affect the Market? appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.