Worldcoin Whale Transactions Reach Highest Level This Year
Summary
- Santiment said Worldcoin (WLD) recorded 64 whale transactions over a 24-hour period, the highest level this year.
- It also said the number of active addresses reached 1,309 over 24 hours, the second-highest level this year, while new wallet creation rose to 379, the highest level of the year.
- Santiment said increases in whale transactions, active addresses and new wallets indicate broader participation by institutional and retail investors.
Forecast Trend Report by Period
Whale trading activity in Worldcoin (WLD) has climbed to its highest level this year, with the market watching for broader participation from both large investors and retail traders.
On May 27, on-chain analytics firm Santiment reported 64 Worldcoin whale transactions over the past 24 hours, the highest level of the year.
The number of active addresses also reached 1,309 during the same 24-hour period, the second-highest reading this year. New wallet creation rose to 379, marking a yearly high.
Santiment said simultaneous increases in whale transactions, active addresses and new wallets typically indicate expanding participation from both institutional and retail investors.
Market participants say growing interest in artificial intelligence and digital identity verification has helped draw more attention to the Worldcoin ecosystem. Short-term price volatility and regulatory issues remain key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
