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Worldcoin value drops as Alameda strikes tokens to Binance

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Worldcoin price drops as Alameda moves tokens to Binance

  • Alameda's $WLD sell-off could trigger costs to fall additional beneath $1.50.
  • Alameda's diversified holdings exhibit strategic threat administration amid market volatility.
  • $WLD's RSI suggests a possible rally as oversold territory approaches.

Alameda Analysis, the buying and selling arm of the collapsed FTX alternate, holds substantial cryptocurrency belongings, together with $BIT and Worldcoin (WLD), in line with current experiences. Buyers are notably all in favour of understanding the scope of Alameda's crypto portfolio, its threat administration technique, and the influence on particular cryptocurrencies equivalent to Worldcoin (WLD).

Alameda Analysis continues to handle its cryptocurrency belongings, and Spot On Chain reveals that Alameda nonetheless holds a big quantity of assorted cryptocurrencies, together with $BIT and $WLD.

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Particularly, Alameda at the moment holds roughly $98.86 million in BIT, price about $78.8 million, and $24.3 million in WLD, price about $36.2 million. This diversification suggests a method of spreading threat throughout completely different belongings.

As of August 9, Alameda deposited $698,312 of WLD (equal to $1.13 million) in 4 small batches on Binance at a median value of $1,622. This exercise might be…

The submit Worldcoin value drops as Alameda strikes tokens to Binance appeared first on Coin Version.

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