Worldcoin Jumps 21% on Publicly Disclosed 283M WLD Treasury from Eightco
Worldcoin (WLD) surged 21% on June 15 to around $0.61, extending its 30-day gain to 154%, after Eightco Holdings disclosed holding 283.45 million WLD tokens, representing about 8.4% of the circulating supply. This is the largest publicly disclosed institutional position in WLD, valued at roughly $406 million. Eightco also holds over 16,000 ETH and a $90 million stake in OpenAI. The company frames its WLD purchase as a bet on digital identity, citing that non-human activity now dominates web traffic and trading volume. Worldcoin's Proof of Human network, co-founded by OpenAI CEO Sam Altman, has over 16 million verified users. Speculation about an OpenAI IPO has added to demand. Technically, WLD broke above the 0.786 Fibonacci level at $0.57 and targets the $0.66 swing high. However, the daily RSI shows a bearish divergence, warning of a potential correction. First support is at $0.45, deeper at $0.33. The hourly chart shows a rising parallel channel since May 26, with RSI holding bullish territory, favoring continuation if buyers defend the channel. Volume on the breakout is below early-June peaks, indicating the rally needs stronger participation.
Key facts
- WLD jumped 21% after Eightco disclosed holding 283M tokens (8.4% of supply).
- Eightco's position is the largest publicly disclosed institutional WLD stake.
- Eightco values its WLD holdings at $406 million, plus 16K ETH and OpenAI stake.
- Daily RSI shows bearish divergence; price targets $0.66 with supports at $0.45 and $0.33.
- Volume below early-June peaks suggests rally needs stronger participation to sustain.