Despite WLD's price continuing to decline, dropping over 4.8% to $0.30, institutional investors are increasing their holdings. Data from Nansen shows that over the past week, funds such as DACM, Kenetic Capital, CoinFund, and Hashed have collectively withdrawn and accumulated millions of WLD tokens from exchanges, indicating a long-term strategic position rather than short-term trading. However, technical indicators remain weak, and the price movement is confined within a downward channel. Key resistance levels are at $0.40-$0.45, and if the support at $0.28-$0.30 is broken, the price could drop to $0.22.

WLD0.25%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
NonrenewableResourcesvip
· 03-26 15:30
Some shady institutions are increasing their holdings. If they’re truly increasing, why is the price still dropping like this?
View OriginalReply1
  • Pin