Project Sells 117M Tokens as Price Sits 97% Below Peak

On March 21, 2026, the Worldcoin project sold 117 million WLD tokens through over-the-counter (OTC) deals, generating approximately $39 million. On-chain data shows the project transferred the tokens to institutional prime brokerage FalconX and exchange Binance, receiving $35 million in USDC. This implies an effective sale price near $0.30 per token.

The sale provides critical context for the token's market position. At a press time price of $0.32, WLD has fallen roughly 97% from its all-time high of $11.70, which was recorded in March 2024. That peak was largely driven by investor enthusiasm for artificial intelligence narratives, with WLD seen as a proxy for the success of co-founder Sam Altman's OpenAI.

Funds Accumulate 1.4M WLD Despite Massive Supply Overhang

Contrasting the project's large-scale selling, several investment funds established or added to their WLD positions in the week leading up to March 26. Digital asset manager DACM led this buying activity, accumulating a new position of 1.4 million WLD tokens through withdrawals from Binance. Other funds, including Kenetic Capital, CoinFund, and Hashed, also increased their exposure without any reported selling during the period.

This institutional buying, though a sign of conviction from some, is dwarfed by the broader supply dynamics. Investors face a major token unlock scheduled for July 2026, when over 52% of the total WLD supply is projected to enter circulation at once. This looming supply increase, one of the largest proportional unlocks in the crypto market, represents a significant headwind for the token's price.