World Foundation Offloads 239M WLD Tokens Worth $65M Near Record Lows

The World Foundation, the entity behind Sam Altman’s Worldcoin project, has liquidated approximately 239 million WLD tokens. This massive transaction is valued at roughly $65 million and comes at a critical juncture for the digital asset. Notably, the sale occurred while WLD prices were trading near their all-time lows, a move that has surprised many market observers. While foundations often sell tokens for treasury management or operational funding, the timing of this liquidation near record lows is considered unusual. This large-scale offloading increases the circulating supply, potentially placing further downward pressure on the token's market price. Consequently, market sentiment remains cautious as investors weigh the impact of this foundation-level selling on Worldcoin’s long-term valuation.