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Large transfer of WLD from BitGo to hot wallet signals market activity
The cryptocurrency world continues to demonstrate significant transfer activity. A substantial transfer of 8,148,800 WLD tokens was recorded on the blockchain from BitGo’s cold storage to its hot wallet, according to data tracked by ChainCatcher. The event occurred at 02:30 and drew market participants’ attention due to its scale.
Global WLD Coin and Its Current Status
The WLD (Worldcoin) token shows activity in the market, with a value of $0.40 as of 2026-02-02. Over the past 24 hours, the price has decreased by 2.23%, with a daily trading volume reaching $4.13M. The total market capitalization of WLD is estimated at $1.12B, with a circulating supply of approximately 2.78 billion tokens. BitGo, as the largest provider of institutional crypto asset custody services, often moves significant volumes of tokens between different types of storage to optimize operations.
What Such a Transfer Means for the Market
Moving a large volume of assets from cold storage to a hot wallet typically indicates preparation for a significant operation. Such transfers may signal readiness for token distribution, trading, or meeting demand from holders. Monitoring large transfers between wallets remains an important tool for analyzing the intentions of major market players, helping traders and analysts better understand potential price movements and the development of the situation with the asset of interest.