Worldcoin (WLD) slides 10% as shorts take the lead in perpetual markets

Worldcoin (WLD) fell 10% over the past day as perpetual traders tilted positioning toward shorts, even while spot buyers continued to accumulate. Perpetual metrics showed a negative funding rate and a 0.73 long/short ratio, alongside $1.41 million in 24-hour liquidations that largely hit longs. Spot demand remained active, with $2.5 million in buys over 48 hours and $5.54 million over the past week.