World Foundation closed $65M in WLD OTC deals with four buyers. Here is what the sales mean for the project and current token prices. The World Foundation made a move this past week. World Assets, Ltd. closed a series of over-the-counter sales totaling $65 million.  Four counterparties participated in the deal. The first transaction settled on March 20, 2026. This marks one of the largest single-week OTC activities the project has seen. World Foundation Sells $65M in WLD Tokens Via OTC According to the World Foundation’s official announcement, the sales closed at an average price of roughly $0.2719 per WLD.  1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week, the first of which settled on March 20, 2026. — World Foundation (@worldcoinfnd) March 28, 2026 Out of the total amount sold, $25 million worth of tokens carry a six-month lockup period. This means users cannot move or sell those tokens right away. The funds raised will go toward core operations. The Foundation listed orb manufacturing, research and development, and ecosystem development among the key areas.  Future transactions tied to these sales will come from a specific World Assets multisig wallet address. The Foundation also noted that an earlier post with incorrect TWAP figures was deleted. The current announcement reflects corrected data. Investor Dumps 4.75M WLD Tokens Amid Price Decline Not everyone is holding through the dip. On-chain analyst Nazoku flagged activity from a wallet linked to the handle gentlemanjames.eth, connected to iYieldCrypto. The investor withdrew 4.75 million WLD tokens from a Uniswap liquidity pool. Shortly after, those tokens moved to Binance. Read also:  Uniswap Wins: Court Kills Scam Token Lawsuit for Good Nazoku noted the tokens were originally purchased on Binance nearly a year ago. The exit came after a sharp price decline, and the realized loss on the position appears significant.  The timing is notable. It came just as the Foundation announced its large OTC activity, suggesting mixed sentiment across different investor types. WLD Price Shows Mixed Signals After Heavy Volume CoinGecko data shows WLD trading at $0.2717 at the time of writing. The token recorded a 24-hour trading volume of over $235 million. That figure points to strong market activity around the coin. The short-term price picture is split. WLD gained 2.24% over the last 24 hours. However, the seven-day performance tells a different story, with the token down 13.83% over that period.  The gap between the OTC sale price and the current market price remains very slim, sitting at just fractions of a cent apart. The post World Foundation Closes $65M OTC Deals as Demand Surges appeared first on Live Bitcoin News.

Read full article on LIVE BITCOIN NEWS