Press Enter to search · ESC to close

Crypto

Worldcoin-Linked Address Deposits 10.5M WLD to Exchanges in 11 Hours

An address linked to the Worldcoin project deposited 10.5 million WLD, worth $4.857 million, to exchanges over 11 hours. The transfer adds to the token’s circulating supply on trading venues. Separately, analyst data showed nearly 60% of stock-token trades on Robinhood Chain occur outside regular U.S. market hours.

Original source

AI take

The Worldcoin-linked deposit is the more consequential detail here: tokens moving from a project-affiliated address onto exchanges increases immediately tradable supply, which can matter for liquidity and price discovery around WLD. It also raises the familiar question of whether such transfers reflect treasury or operational housekeeping rather than distribution intent, since the source is described only as linked, not confirmed. The Robinhood Chain data point is a separate signal — that tokenized-equity trading clusters outside U.S. hours suggests demand for round-the-clock exposure. Whether WLD exchange inflows continue at this pace is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback