Worldcoin’s WLD drops 11%, triggering $4.36 million in liquidations

  • Worldcoin’s WLD token fell 11% and triggered about $4.36 million in liquidations.
  • Long-position losses exceeded short-position losses by more than 110 times.
  • Traders sold $280.92 million of WLD through perpetual contracts on Sept. 24.

Worldcoin’s WLD token fell 11% on Sept. 24, triggering about $4.36 million in liquidations, mostly from long positions. Losses on long positions were more than 110 times larger than those on short positions. The decline came as capital moved out of both spot and perpetual markets, with traders selling $280.92 million worth of WLD through perpetual contracts, pushing net flow into negative territory.

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