And that’s exactly what makes WLD one of the most controversial setups in the market right now.
At the time of writing, Worldcoin (WLD) is trading near $0.49, moving sideways and compressing inside a falling wedge pattern — a structure that historically favors bullish breakouts when accompanied by rising volume and smart-money participation. While retail traders remain cautious, on-chain data suggests a very different story unfolding beneath the surface.
🐋 Multicoin Capital-linked wallet accumulates 60M WLD
According to Lookonchain, a wallet believed to be linked to Multicoin Capital executed an OTC purchase of 60 million WLD, spending approximately 30 million USDC at an average price close to $0.50 per token. This is not speculative noise — it’s a calculated, thesis-driven accumulation from a well-known institutional player. Such large OTC transactions typically signal long-term conviction, not short-term trading.
📊 On-chain metrics tilt bullish
Data from Santiment further strengthens the bullish narrative. On-chain trading volume for WLD surged to $1.46 billion, marking the highest level of the year and the strongest activity since July 2024. This spike reflects a sharp increase in liquidity and market engagement — conditions that often precede trend reversals or impulsive moves.
More importantly, Supply Distribution data reveals aggressive whale accumulation during the recent price pullback. Wallets holding:
10–100 million WLD
1–10 million WLD
collectively accumulated over 150.59 million WLD between Sunday and Thursday. This behavior strongly suggests that large holders are buying discounted prices, positioning themselves ahead of a potential breakout.
🔍 Key takeaway
With price compressing, liquidity expanding, and whales accumulating, Worldcoin is approaching a decision point. A confirmed breakout from the falling wedge could shift market structure decisively bullish, while failure would likely lead to extended consolidation.
Smart money is already positioned.
Retail usually reacts later.
👉 Follow me for deep on-chain insights, institutional flow analysis, and no-hype crypto setups.
