Worldcoin (WLD) jumped 21% on June 15 as Eightco Holdings reinforced its position as the largest public holder of the token, with 283 million WLD now anchoring its growing digital asset treasury. The latest disclosures put Eightco's total treasury near $406 million, with the company reporting holding 283,452,700 WLD as of June 10, equivalent to about 8.4% of the token's circulating supply. This represents a significant expansion from previous holdings, with the firm valuing its position at approximately $406 million alongside more than 16,000 ether and a $90 million stake tied to OpenAI. The rally lifted WLD to about $0.61, extending its 30-day gain to 154% and bringing renewed attention to the token's broader market structure after several months of pressure.
The recovery gained momentum after Worldcoin rebounded from the $0.2289 support zone and staged a powerful recovery, reclaiming the important $0.4438 level before pushing directly toward resistance at $0.6323. This recovery altered the market structure and reduced immediate downside risks that had dominated previous months. The Relative Strength Index climbed to 59.81 and moved decisively above its signal average near 38.02, reflecting strengthening buying interest without entering overbought conditions. On the daily chart, WLD broke above the 0.786 Fibonacci level near $0.57, with the token now targeting the prior swing high around $0.66. A clean close above that mark would open room for further upside, though the daily reading carries a warning as RSI is printing lower highs while price prints higher highs, a textbook negative divergence that hints at a sharper correction later. The hourly chart shows WLD has respected a rising parallel channel since May 26, with RSI holding former resistance as support inside bullish territory.
Adding to the bullish backdrop, Eightco Holdings disclosed ownership of approximately 283.45 million WLD tokens, equivalent to about 8.4% of the circulating supply. The company described this position as its largest allocation within the digital identity and artificial intelligence sector, reinforcing the institutional case for the token. Spot flow data showed that investors continued removing tokens from exchanges despite the strong recovery, with the latest Netflow reading reaching approximately -$225,700, extending the broader trend of negative exchange flows. Such behavior often reflects accumulation because traders generally move assets away from exchanges when they intend to hold rather than sell. The combination of rising prices and persistent outflows suggested that market participants had not rushed to distribute holdings into the rally, which strengthened the constructive outlook surrounding the current advance.
Eightco frames its WLD stake as a bet on digital identity, citing data showing that non-human activity now drives most web traffic and trading volume. The company positions Worldcoin and its Proof of Human network as the verification layer for that problem, with the token co-founded by OpenAI chief Sam Altman and counting more than 16 million verified users. Speculation around an OpenAI public listing has added fuel to WLD this month, with that narrative keeping demand for the token elevated. The firm's broader digital asset portfolio includes more than 16,000 ether and a $90 million stake tied to OpenAI, demonstrating its commitment to the digital identity sector. Derivatives activity has expanded alongside the rally, with open interest climbing above $406 million and funding rates turning positive as traders increasingly position for further gains.
The rally benefited from improved risk appetite across global markets after reports of a U.S.-Iran peace agreement eased concerns over disruptions in the Strait of Hormuz, pushing oil prices sharply lower and encouraging capital to flow back into high-beta technology stocks and cryptocurrencies. Technical indicators continue to favor buyers, with WLD completing a major reversal from its April and May lows near $0.24 and breaking out of a symmetrical triangle pattern after spending nearly two weeks compressing between rising support and falling resistance. The technical structure suggests that WLD appeared more likely to extend its recovery than revisit recent lows, provided support at $0.4438 remains intact and buyers can secure a decisive breakout above the $0.6323 resistance. However, volume rose on the breakout but stayed below early-June peaks, suggesting the move needs stronger participation to sustain the rally, while the first support sits near $0.45 with deeper support around $0.33.
