Key Points
- WLD approaches $0.50 after a 3.7% increase over the past 24 hours.
- This rally follows a $30 million purchase of 60 million WLD tokens by a wallet associated with Multicoin Capital.
Multicoin Capital’s Wallet Acquires 60 Million WLD Tokens
WLD, the native token of the Worldcoin ecosystem, is among the top performers in the cryptocurrency market, recently surging nearly 4% and trading close to $0.50.
This uptick comes on the heels of data from Lookonchain revealing that a wallet linked to Multicoin Capital, a thesis-driven investment firm, spent $30 million in USDC stablecoins to acquire 60 million Worldcoin tokens at an average price of $0.50 through an over-the-counter (OTC) transaction.
A wallet (0xf000) linked to Multicoin Capital spent $30 million in $USDC to purchase 60 million $WLD at $0.50 through OTC. pic.twitter.com/wFp7dyOTGp
— Lookonchain (@lookonchain) December 25, 2025
This acquisition highlights strong institutional demand for the cryptocurrency. Furthermore, data from Santiment indicates that WLD trading volume soared to $1.46 billion on Wednesday, marking the highest level since July 2024.
This rise in trading volume reflects increased interest and liquidity among traders in Worldcoin, bolstering bullish sentiments. Additionally, Santiment’s supply distribution data reveals that some whales have been purchasing WLD during recent price dips.
Whales holding between 10 million and 100 million WLD tokens, as well as those holding between 1 million and 10 million, have accumulated a total of 150.59 million WLD tokens from Sunday to Thursday.
WLD Faces Resistance Level at $0.58 Amid Positive Sentiment
The WLD/USDT four-hour chart appears bearish despite WLD’s 4% price increase over the last 24 hours. At the time of this report, the token is trading around $0.498, with the potential for a short-term rise.
If the bullish momentum persists, WLD could extend its rally towards the daily resistance at $0.56. A successful close above this level may lead WLD to target the 50-day exponential moving average (EMA) at $0.63.
The relative strength index (RSI) on the four-hour chart stands at 49, nearing the neutral level of 50, which suggests bullish momentum. However, for this momentum to continue, the RSI must cross above the neutral level.
Conversely, if bulls fail to maintain this momentum, WLD could see a correction, retreating towards the recent low of $0.47.
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