Two newly established wallets withdrew 18.2 million WLD (approximately 26.5 million USD) from Binance, accounting for 13.6% of the circulating supply. This move occurred 24 hours after Worldcoin announced a payment switch to WLD for operators, with whale addresses simultaneously increasing their holdings by 500,000, possibly in preparation for ecological demand.

Analysis by Qin Ge

Short-term logic: The change in payment policy (operators being required to accept WLD) creates a strong demand; on-chain active addresses have exceeded 200,000, supporting the fundamentals. If it stabilizes at $1.3, one could cautiously pursue a long position up to $1.5; Risk warning: The top 50 addresses control 68% of the supply, making it easy to manipulate prices, with an unliquidated selling pressure of 47.6 million USD. A drop below the large holder's cost line of $1.02 would require a stop loss;

Long-term hazard: The circulating supply is only 1.34% of the total supply, with significant selling pressure expected from future unlocks. It is recommended to keep positions to ≤5% and monitor whale transfers to exchanges to guard against liquidity crises.