Whales Are Buying the Dip: $18M in Worldcoin (WLD) Scooped Up — Surge Ahead?

Jakarta, Pintu News – On June 17, 2025, Worldcoin (WLD) experienced a decline of almost 8%, with prices hovering around $0.9344.

Although the market seems to be under bearish pressure, there are indications that the whales are accumulating more WLD, which could be a signal of an impending trend reversal.

This analysis will delve deeper into the current market dynamics and future potential for WLD.

Whale Worldcoin on the Move

While retail traders seem worried about WLD’s price drop, blockchain data shows that whales are quietly accumulating.

According to a report from LookonChain, two new wallets created recently withdrew a total of 18.2 million WLD tokens worth approximately $17.17 million from Binance.

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These large withdrawals reduce liquidity on the exchange, which often leads to sharper price movements or indicates preparations for OTC (over-the-counter) transactions. Analysts think that this could be the first sign of a bottom forming.

For the short term, WLD is still under bearish pressure. In the past month, the token has dropped nearly 18%, wiping out about $900 million from its market capitalization since May 22.

Technical analysts from AltCryptoTalk noted that WLD broke below the rising wedge pattern on the daily chart last week.

The analyst predicts that the price could retest the horizontal support level at $0.50. If this level is able to hold, traders will likely consider re-entry with targets around $1.50.

However, when viewed from a long-term perspective, WLD seems to have broken out of a falling wedge pattern that lasted for several months back in April. This indicates a potential long-term rally, provided it is supported by strong volume and momentum.

Worldcoin (WLD) Price Outlook

Reporting from Coinspeaker (17/6), on the WLD daily price chart, the RSI indicator is currently showing anoversold condition.

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If the price continues to fall, it will signal a stronger bearish momentum. However, the current position of the RSI could also attract buyers to enter.

The Bollinger Bands indicator is starting to narrow, which indicates a decrease in volatility. In addition, the price has broken downwards from the lower band. If the price can close above the $1.10 resistance level, then there is a chance for a continuation of the bullish trend.

Meanwhile, the MACD indicator showed a bearish signal through a downward crossover, where the MACD line crossed below the signal line. Both lines are also below the zero level, which reinforces the downward pressure.

Traders are expected to observe strong support levels around $0.90 and $0.50.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. Worldcoin Price (WLD) Whale Accumulation on Binance. Accessed on June 18, 2025
• Coinspeaker. Worldcoin Whales Accumulate 18M WLD, Price Drops 8 Percent. Accessed on June 18, 2025