Worldcoin moves $8.17M in WLD tokens to custody amid bearish market pressure.

Worldcoin transferred 30 million WLD tokens worth $8.17 million to a BitGo Custody wallet, increasing its holdings to 153.65 million WLD valued at $41.35 million. This move may indicate long-term holding rather than immediate selling, but the market faces strong bearish pressure with heavy selling on exchanges like Binance. Whale activity, which recently boosted WLD prices, has diminished, signaling potential weakness ahead. WLD is at a critical point, testing resistance at $0.28, with a possible drop to $0.23 if selling persists.