Worldcoin transfers 117 million WLD tokens to major exchanges

Worldcoin’s project team transferred 117 million WLD tokens (worth approximately $38.73 million based on current pricing) from a multi-signature wallet to major exchanges over a 6-hour period. The transfer included 32.26 million WLD sent directly to Binance, while 84.76 million WLD went to FalconX before being distributed across Binance, OKX, and Bybit. Large token transfers from project teams to exchanges typically signal potential selling pressure, though the intent behind such moves—whether for market-making, liquidity provision, or distribution—remains unclear without official announcement.