On-chain data shows that a wallet address suspected to belong to a well-known institution has recently made significant moves. Two days ago, it transferred $30 million worth of USDC to the official Worldcoin wallet, and seven hours later, it received 60 million WLD tokens from the other party. Based on the token price at the time, this batch of WLD had a market value of approximately $29.06 million.

From the transaction scale and pace, this is clearly not a routine exchange order but a large OTC trade. Interestingly, the background of this wallet may be linked to a major investment institution, which also reflects the institution's long-term view of WLD's value. However, the specific participants are still to be further confirmed.