The transfer of 80 million tokens, equivalent to 3% of The Sandbox (SAND) supply, to Binance, the world’s largest cryptocurrency exchange, was on the agenda.
On-chain data analytics company Lookonchain is the issuer of the SAND token on Feb. to The Sandbox belonging 3 wallets to Binance 56 million SAND token transfer worth of dollars reported that it was. Approximately 78 million dollar value of transfer, total supply to 2.6% match was recorded.
Also before when the price is high An investor known to have transferred SAND to Binance entered Binance shortly after The Sandbox’s transfer. 1.5 million worth a dollar 2 million It was also among the transferred information that it transferred SAND.
Many users on social media, to be done next week SAND unlocking drawing attention to the fact that this move made by The Sandbox just before the token unlock ethic stated that he was not.
After The Sandbox and the investor transferred their assets to Binance, SAND was approx. 7.79% lost value. percent in the last 30 days to 70 Although there are speculations that it may decrease further in the coming days due to the transfers made about SAND, which has gained close value, no clear information has yet been obtained about the tokens sent.
According to CoinGecko data in the last 24 hours 2.6% depreciating SAND at the time of writing 0.722236 traded in dollars.