by Coinstrooper Crypto Articles
Quick Take
  • The rally lifted WLD to about $0.61, extending its 30-day gain to 154%.
  • Recent disclosures put Eightco’s total treasury near $406 million.
  • Eightco Holdings reported holding 283,452,700 WLD as of June 10.
  • That stake equals roughly 8.4% of the token’s circulating supply.

What Happened

Worldcoin (WLD) jumped 21% on June 15 as Eightco Holdings (ORBS) reinforced its standing as the largest public holder of the token, with 283 million WLD now anchoring its growing digital asset treasury.

The rally lifted WLD to about $0.61, extending its 30-day gain to 154%. Recent disclosures put Eightco’s total treasury near $406 million.

Eightco Doubles Down on Its 283 Million WLD Position

Market Context

Eightco frames its WLD stake as a bet on digital identity. The company cites data showing that non-human activity now drives most web traffic and trading volume.

The daily reading carries a warning, however. RSI is printing lower highs while price prints higher highs, a textbook negative divergence. That signal hints at a sharper correction later. The first support sits near $0.45, with deeper support around $0.33.

Volume rose on the breakout but stayed below early-June peaks. That gap suggests the move needs stronger participation to sustain the rally.

Why It Matters

The hourly chart tells a firmer story. WLD has respected a rising parallel channel since May 26, only to be briefly broken in early June. RSI is holding former resistance as support inside bullish territory, which favors continuation if buyers defend the channel.

The setup leaves WLD balanced between a catalyst-driven breakout and clear technical warning signs. Holding $0.45 keeps the bullish case alive, while a drop below $0.33 would suggest the rally has stalled.

Details

Eightco Holdings reported holding 283,452,700 WLD as of June 10. That stake equals roughly 8.4% of the token’s circulating supply.

It stands as the largest publicly disclosed institutional position in WLD. No other listed company has confirmed a holding of this size.

The firm values the position at about $406 million. Alongside WLD, Eightco holds more than 16,000 ether and a $90 million stake tied to OpenAI.

The Proof of Human Thesis Behind the Buying

It positions Worldcoin and its Proof of Human network as the verification layer for that problem. The token, co-founded by OpenAI chief Sam Altman, counts more than 16 million verified users.

Speculation around an OpenAI public listing has added fuel to WLD this month. That narrative has kept demand for the token elevated.

WLD Jumps to $0.66 Swing High

On the daily chart, WLD broke above the 0.786 Fibonacci level near $0.57. The token now targets the prior swing high around $0.66. A clean close above that mark would open room for further upside.

The post Worldcoin Jumps 20% After Treasury Reveals Massive Stake in WLD appeared first on BeInCrypto.