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Whale Transfers 29.573 Million WLD to Institutional Business Platform Address, Potentially for Sale on CEX

Summary: According to Chainalysis analyst Yu Jin, a whale purchased 53.029 million WLD from the Worldcoin team wallet through OTC, and today transferred 29.573 million WLD (worth 56.19 million USD) to an institutional business platform address, possibly for sale on CEX. In the past six months, this address has purchased a total of 53.029 million WLD ...

According to Chainalysis analyst Yu Jin, a whale purchased 53.029 million WLD from the Worldcoin team wallet through OTC, and today transferred 29.573 million WLD (worth 56.19 million USD) to an institutional business platform address, possibly for sale on CEX. In the past six months, this address has purchased a total of 53.029 million WLD from the Worldcoin team wallet using 50 million USDC, at an average price of 0.94 USD. With the current price at 1.9 USD, they have already made a profit of up to 50.9 million USD.

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Link: Whale Transfers 29.573 Million WLD to Institutional Business Platform Address, Potentially for Sale on CEX [Copy]

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