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Sign InWorldcoin (WLD) has plummeted to a new all-time record low, breaking past its previous support levels amid intense selling pressure. The World Foundation disclosed that its token issuance arm, World Assets, finalized over-the-counter (OTC) sales totaling $65 million at a significant discount compared to market rates. Market concerns are mounting as a massive WLD token unlock is scheduled for late July, which could further dilute the circulating supply. Adding to the project's headwinds, it was recently highlighted that Thailand authorities raided an iris-scanning site tied to the project last October. According to the foundation, the OTC funds are earmarked for Orb hardware production and ecosystem expansion. The massive transfer of 239 million WLD tokens, combined with regulatory scrutiny and upcoming unlocks, has weighed heavily on market sentiment after the price breached the critical $0.20 mark.