Blockchain transaction tracker Lookonchain reported a substantial withdrawal of Worldcoin (WLD) tokens from cryptocurrency exchange Binance.
Two newly created wallets removed a combined total of 18.2 million WLD tokens from the exchange. Based on current valuations, this movement represents approximately $17.17 million in value.
This significant outflow by major holders, often referred to as whales, points towards potential strategic repositioning of assets within the WLD token ecosystem.
Analysts note that monitoring large-scale transfers like these provides valuable insights into shifting market sentiment and capital flows across the digital asset landscape.