Worldcoin ($WLD) shows modest 24-hour gains of +1.06%, but beneath the surface, significant institutional activity is reshaping the market narrative.

Institutional players made a decisive move: Multicoin Capital accumulated $30M worth of WLD tokens over-the-counter at $0.50 per token, signaling long-term confidence in the project. Simultaneously, whale accumulation has intensified, with over 150 million WLD tokens gathered by major holders during recent market weakness.

Technically, the picture grows more interesting. After hitting oversold territory, the RSI indicator has begun recovering, suggesting a potential inflection point. The question now becomes whether this accumulation represents genuine conviction or merely a tactical trap awaiting retail participation.

When smart money deploys this kind of capital at these levels, it typically reflects conviction—but timing and follow-through will tell whether this marks the beginning of a meaningful reversal or just another false signal in a volatile market.