Worldcoin: Foundation Sells 217M WLD to Pantera

Worldcoin Foundation sold 217 million WLD tokens to Pantera Capital, Bain Capital Crypto and other institutions for $52.5 million at roughly $0.24 each, a 36% discount to the prevailing $0.35 market price, with all tokens subject to a one-year lockup.

Price action on the 4h chart shows WLD testing lower Bollinger support at $0.35 while the EMA50 at $0.38 and EMA200 at $0.43 act as concrete resistance layers above; RSI at 29.35 signals oversold conditions yet the MACD death cross keeps the broader structure bearish, suggesting any bounce will likely stall at the 50-EMA before fresh downside pressure resumes.