09.09.2025 10:08
The price of Worldcoin's native cryptocurrency, WLD, has experienced a remarkable surge, doubling its value within a week and climbing an additional 54% on September 9th, amassing over 121% in weekly gains. This impressive ascent has occurred despite significant sell-offs by a major holder.
Data from internet sources reveals that the liquidation wallet managed by Teneo on behalf of the bankrupt crypto firm 3 Arrows Capital (3AC) has offloaded another 2.25 million Worldcoin tokens. These tokens, valued at approximately $2.88 million, represent a portion of the 75 million WLD tokens originally received by the wallet two years ago. While this wallet has been consistently reducing its holdings since July 26, 2024, it still maintains a substantial position of 52.47 million WLD, currently valued around $92 million.
Despite the ongoing distribution of tokens by this large holder, the upward momentum of Worldcoin's price remains robust. The daily trading volume for the WLD token has seen an extraordinary 300% increase, reaching $3.6 billion, a clear indicator of heightened investor interest and bullish sentiment. Complementing this, the open interest in WLD perpetual futures has jumped by 54% to exceed $905 million, according to data from CoinGlass. Currently, 24-hour liquidations stand at $24 million, with a significant portion, over $16 million, stemming from short positions being liquidated.
In parallel to the cryptocurrency's performance, Nasdaq-listed e-commerce company Eightco Holdings has introduced an innovative Worldcoin treasury plan totaling $250 million. This groundbreaking announcement has not only fueled the rally in WLD but has also propelled Eightco's stock price to an astonishing 3,000% increase. Following a decisive break above the $1.60 resistance level, market observers anticipate that Worldcoin's price could potentially climb as high as $4.0, with continued strong whale activity potentially supporting this optimistic outlook.
