CDS Crypto News Worldcoin Whale Draws Attention for Depositing 4.5 Million WLD on Three Different Exchanges
Crypto News

Worldcoin Whale Draws Attention for Depositing 4.5 Million WLD on Three Different Exchanges

A market maker thought to be a Worldcoin whale deposited tokens on three different exchanges.

422
Worldcoin Whale Draws Attention for Depositing 4.5 Million WLD on Three Different Exchanges

Crypto News – A Worldcoin (WLD) market maker transferred 4.5 million WLD (nearly $6.07 million) to 3 CEX five hours ago, according to an observation by Spotonchain. Out of those, one million dollars went to Bybit, three million dollars to Binance, and half a million dollars went to KuCoin.

Worldcoin Whale Draws Attention for Depositing 4.5 Million WLD on Three Different Exchanges

Before WLD went live, it was known that the market maker had acquired 11 million WLD market-making tokens. As of right now, the market maker’s address still has 2.96 million WLD, or around $4.02 million. Activity along the market maker chain is as follows:

  • Between July 25 and August 24, allegedly, 9.186 million dollars worth of WLD was accumulated on a variety of exchanges, including Binance, OKX, Kucoin, Gate.io, and Bybit, at an average price of $1.835 million.
  • A total of 6.225 million USD worth of WLD has been sent to Binance, OKex, Kucoin, Huobi, and Bybit at a cost of $1.34.

In short, the market maker may be the whale, given their trading patterns.

Worldcoin’s Activity Surprises the Market

Given the contentious project that added a reservation function for individuals who are not verified, Worldcoin’s price movement surprised many. Using iris-based biometric data, Worldcoin hopes to distinguish between humans and robots in the future despite regulatory difficulties in many jurisdictions.

Worldcoin Whale Draws Attention for Depositing 4.5 Million WLD on Three Different Exchanges
Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Analyzing the Relationship Between Bitcoin Spikes and Altcoin Key Levels

Analyzing the Relationship Between Bitcoin Spikes and Altcoin Key Levels

Analyzing the Impact of CBOE Ether ETF Launch on the Market

Analyzing the Impact of CBOE Ether ETF Launch on the Market

Telegram Mini App Store: A Game-Changer Development

Telegram Mini App Store: A Game-Changer Development

PEPE News – Memecoin Competitors: Shiba Inu (SHIB) and Pepe (PEPE) Continue to Make Waves

PEPE News - Memecoin Competitors: Shiba Inu (SHIB) and Pepe (PEPE) Continue...