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Worldcoin drops 10% as short sellers dominate, while spot traders keep buying despite risks.

Market News
15 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

Worldcoin (WLD) fell 10% recently due to strong selling pressure from short sellers in the perpetual market, who now control most of the $288.89 million trading volume. This bearish trend follows a $13.67 million sale of WLD by the project team. Long traders suffered $1.37 million in liquidations over 24 hours, highlighting the risk of holding long positions. Meanwhile, spot traders continue to accumulate WLD, spending $5.54 million in the past week, showing confidence but facing potential losses if the downtrend persists.

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