Worldcoin Correction Linked to Profit-Taking Among Holders

Worldcoin's recent price correction has been attributed to profit-taking among holders, which has led to a significant 8% drop in value over the past 24 hours.

The cryptocurrency's bullish trend remains intact across multiple timeframes, with a clear invalidation of the uptrend dependent on specific technical levels being breached.

According to Santiment data, short-term and medium-term holders have been increasingly profitable in recent weeks, leading to a wave of profit-taking that has disrupted Worldcoin's rally.