Alameda Moves $16M in WLD Tokens: Worldcoin and POL Breakouts Ahead

• Alameda-linked transactions in WLD and POL stir market focus amid bullish technical setups.  
• Worldcoin shows strong bullish momentum, supported by an ascending triangle and rising volume.  
• POL’s symmetrical triangle suggests a key breakout moment, with support near long-term moving averages. 

Blockchain security firm PeckShield found wallet activity linked to crypto trading firm Alameda Research. PeckShield’s report, shared via its PeckShieldAlert account, said a wallet connected to Alameda transferred 5 million WLD tokens—around $16 million—to two anonymous addresses starting with 0xd9C4 and 0xEF90.

#PeckShieldAlert #Alameda labeled address transferred ~5M $WLD (worth ~$16M) to 0xd9C4…8f92 & 0xEF90…27f7, as well as 1M $POL (worth ~$623K) to #wintermute pic.twitter.com/u18VANXLK3

— PeckShieldAlert (@PeckShieldAlert)
December 3, 2024

The report also said the Alameda-linked wallet moved 1 million POL tokens—about $623,000—to crypto market maker Wintermute. These transactions have increased market interest in Worldcoin (WLD) and Polygon (POL), especially since technical setups are hinting at potential bullish movements.

Worldcoin Shows Bullish Potential

After this transfer, the technical outlook for Worldcoin (WLD) suggests a bullish breakout may be coming. CryptoBull, a crypto analyst, said WLD is forming an ascending triangle pattern on higher time frames.

#WLD is getting ready for massive breakout from ascending triangle pattern in HTFs, Strong flip off from the trendline +horizontal resistance zones will trigger 50%-60% massive move from the zone, Volume rising as good momentum, keep an eye on$WLD #WLDUSDT #Worldcoin pic.twitter.com/N1PMZ2eh5N

— CryptoBull_360 (@CryptoBull_360)
November 28, 2024

This pattern, combined with rising volume and strong momentum, signals WLD might make a big move. The crypto asset is currently trading around $2.76, after breaking through a resistance zone near $2.70.

The chart analysis shows a well-defined ascending trendline, which supports the current upward momentum. Possible price targets range between $4.20 and $4.50—a potential increase of 52.84% from the breakout level.

Polygon Nears Breakout Zone

At the same time, POL is getting attention as analysts expect a breakout that could affect its price. Venturefounder, another market analyst, said POL could grow 10-20x if it breaks above $0.85.

Source:
X

However, the token is currently trading near $0.4160, as it consolidates within a symmetrical triangle pattern that has been forming since early 2022.

This pattern, along with support from the 200-week moving average near $0.30, could mean a turning point is coming. If the bullish trend happens, Fibonacci retracement levels point to upside targets of $4.25, $7.92, and $19.24.

But a decline below $0.30 could change this outlook, so it’s important to track key support and resistance levels.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.