WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

Bearish-40.14%
6 Jun, 08:25
Source: CoinDesk

AI Summary

Worldcoin (WLD) token dropped approximately 20% after BitMEX co-founder Arthur Hayes sold his holdings, contradicting his previous statement that he would continue holding the token.

The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%.