Dormant Worldcoin address moves 9.57m WLD and deposits 6.5m to exchanges

The story so far: Worldcoin-linked wallets selling WLD

An on-chain analyst said two addresses linked to the Worldcoin team moved 14.475 million WLD, worth about $7.2m, into Coinbase. A team-linked address then deposited 10.5 million WLD, worth $4.86m, to exchanges. Another dormant address moved 9.57m WLD and deposited 6.5m, worth $2.83m, to exchanges.

1. 16 Oct 202602:27 UTC

   Worldcoin-linked addresses send $7.2m in WLD to Coinbase, analyst says

   On-chain analyst ai_9684xtpa says two addresses linked to the Worldcoin team moved 14.475 million WLD, worth about $7.2m, into Coinbase in the past 24 hours. Deposits to exchanges are often read as a sign of planned selling.

   AltcoinsCoinNessAIBearish

2. 20 Oct 202610:23 UTC

   Worldcoin-linked wallet sells over $3m of WLD in seven months

   A wallet linked to Worldcoin has sold more than $3m of WLD across 36 transactions over seven months at an average of about $0.40. It appears to be still selling, moving another 250,000 WLD to Bitpanda an hour earlier.

   AltcoinsOdailyAIBearish

3. 25 Oct 202602:22 UTC

   Worldcoin team-linked address deposits 10.5m WLD worth $4.86m to exchanges

   An address linked to the Worldcoin team has deposited 10.5 million WLD, worth $4.86m, to exchanges over the past 11 hours, per Ai Yi monitoring. The tokens came from WLD the team moved three years ago; another linked address sent $1.61m of tokens to an exchange three days earlier.

   AltcoinsOdailyAIBearish

4. 29 Oct 202602:27 UTC

   Dormant Worldcoin address moves 9.57m WLD and deposits 6.5m to exchanges

   An address that received 9.57m WLD, then worth $14.4m, from the Worldcoin team three years ago moved the tokens out and deposited 6.5m of them, worth $2.83m, to exchanges via intermediary addresses. The holding has lost 71.2% of its value, with WLD down 26.41% over the past week.

   AltcoinsOdailyAIBearish