World Foundation subsidiary sells $65 million in WLD tokens through OTC deals as token hits all-time low

What: A World Foundation subsidiary sold $65 million in WLD tokens through OTC deals as the token hit an all-time low of $0.24.
Why: The sale was likely a strategic move to reduce the subsidiary's WLD holdings and minimize losses.
Signal: The token's 97% decline from its March 2024 peak near $11.82 is a strong indication of investor sentiment.
Target: The subsidiary's sale of $65 million in WLD tokens suggests a significant reduction in their exposure to the token.
Risk: The token's all-time low price and significant decline in value pose a substantial risk to investors who hold WLD.