Worldcoin (WLD) attracted renewed market attention after a whale gathered up 3.32 million WLD tokens, which are worth about $1.028 million, through a sequence of buys on Binance. The tokens were collected at an average price near $0.3095, near WLD’s crucial support zone.

Instead of dropping one large trade all at once, the investor spread the buys across multiple transactions and over different time intervals. This approach probably cut down on slippage and made it possible for the wallet to build a sizable holding without causing an instant price spike.

The wallet’s previous activity has also strengthened interest in the latest move. The same investor had earlier purchased approximately $10.41 million worth of WLD before selling nearly $10 million, generating an estimated realised profit of around $670,000.

The renewed accumulation suggests that the investor considers WLD attractive near current levels. However, broader market indicators show that one large buyer has not yet been enough to establish a confirmed recovery.

Spot Selling Pressure Remains Strong

Despite the million-dollar purchase, Worldcoin’s spot-market order flow remained dominated by sellers. The Spot Taker Cumulative Volume Delta, or CVD, continued to show that aggressive sell orders exceeded market buys.

This indicates that sellers were able to absorb the whale’s demand without allowing WLD to produce a significant breakout. The muted price reaction also suggests that broader market participants remain cautious and have not followed the investor with comparable buying activity.

For a more sustainable recovery, spot buyers would need to regain control of order flow. Until then, the whale purchase may remain an isolated accumulation event rather than evidence of a market-wide shift.

Retail Trading Activity Increases

Retail participation also rose sharply after the whale activity gained attention. The Trading Frequency Surge indicator entered the ‘Too Many Retail’ zone, signalling a rapid increase in smaller trades.

On the other hand, higher retail interest can help liquidity, but it may also increase short-term volatility. Retail traders tend to jump in after major wallet movements become public, so the market can react more sharply to headlines and to quick shifts in mood.

A stronger trend would likely require continued accumulation from larger investors alongside consistent spot buying, rather than a rally driven mainly by short-term retail speculation.

Also Read: ZachXBT Accuses Worldcoin of Biometric Data Abuse as WLD Falls

WLD Holds Critical $0.30 Support

Worldcoin stabilised near $0.30 after several weeks of declines. The token remains below the major resistance level at $0.40, but bearish momentum appears to be weakening.

The Moving Average Convergence Divergence indicator is still under its signal line, although the two lines are starting to converge. Meanwhile, the shrinking negative histogram hints that the selling push is losing steam.

A bullish crossover, paired with WLD holding support at $0.30, could increase the recovery chances toward $0.40. However, if price slips under $0.30, that would invalidate the setup and might drag the correction.

FAQs:

1. How much Worldcoin did the whale purchase?

The investor accumulated 3.32 million WLD tokens worth approximately $1.028 million. The purchases were executed on Binance at an average price of around $0.3095.

2. Why is the whale purchase considered bullish?

The investor has a profitable history of trading WLD and appears to view current prices as attractive. However, one large purchase alone is not enough to confirm a wider market recovery.

3. What does Spot Taker CVD indicate for WLD?

Spot Taker CVD remains seller-dominant, meaning aggressive sell orders continue to exceed market buys. This suggests broader demand remains weak despite the whale’s accumulation.

4. What are the key support and resistance levels for WLD?

The major support level is around $0.30, while the immediate resistance is near $0.40. Holding support and forming a bullish MACD crossover could improve the chances of a move higher.

5. Is Worldcoin ready for a rebound?

WLD shows early signs of stabilisation, including weakening bearish momentum and support near $0.30. A sustainable rebound would still require stronger spot buying and continued institutional accumulation.