Worldcoin's WLD Surges 4% as Institutional Investors Make Major Purchases
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Institutional Activity: Multicoin Capital executed an OTC transaction spending $30 million to acquire 60 million WLD at an average price of $0.50, indicating strong institutional demand that may suggest a long-term investment strategy.
- Volume Surge: WLD's trading volume reached $1.46 billion on Wednesday, a record high for the year, indicating rising interest not only from individual investors but also from substantial market players, potentially driving future price increases.
- Optimistic Market Sentiment: Although the WLD/USDT pairing remains weak on four-hour charts, the recent price increase strengthens the possibility of a short-term recovery, with a potential target of $0.63 if it surpasses the daily resistance at $0.56.
- Positive Long-Term Outlook: The rising institutional interest in the crypto market suggests that WLD's rally is not just speculative but reflects a focus on its long-term narrative, particularly in the context of artificial intelligence and identity verification projects.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







