A crypto whale transaction involving $2.69 million in Worldcoin (WLD) has sparked debate across the market. The move comes right after WLD’s explosive 130% weekly rally, leaving investors to question: was this simply profit-taking, or does it hint at caution ahead?
📊 Inside the Whale Transaction
On-chain data from Lookonchain reveals that wallet 0x4dC3 deposited 1.55 million WLD (≈$2.69M) into FalconX just hours ago.
The whale originally accumulated 6.18M WLD during May and June at an average cost of $1.25.
After yesterday’s deposit, the trader still holds 4.64M WLD, worth $9.36M.
Net gains so far: ≈$4.3M profit (55%).
This indicates the move wasn’t a full exit — rather a partial lock-in of gains while still keeping substantial exposure.
🚀 What’s Driving WLD’s Surge?
WLD’s rally has been fueled by a series of institutional and strategic developments:
Eightco Holdings (NASDAQ-listed) announced a $250M private placement to build the first Worldcoin treasury.
BitMine invested $20M, signaling strong industry backing.
Analyst Dan Ives was appointed chairman of Eightco’s board, boosting investor confidence.
These moves underline Worldcoin’s push into digital identity + financial services, helping trading volume surge 277% in 24h.
⚖️ Profit-Taking vs. Red Flag
Is the whale’s move bearish? Not necessarily. In crypto, realizing profits after 100%+ rallies is common risk management. The fact that the whale still holds nearly $9.4M in WLD suggests ongoing confidence in the project’s future.
Still, large whale deposits to exchanges often spook retail investors and can spark short-term volatility.
🔮 Outlook for WLD
Worldcoin remains one of the most-watched tokens this month. With institutional capital flowing in and adoption narratives growing, the long-term trend looks constructive. However, whale behavior reminds retail traders to stay cautious, as sharp sell-offs can occur even in strong uptrends.
For now, WLD’s trajectory hinges on whether the project can translate hype into sustainable real-world adoption.
