Altcoin Price Starts to Fall After Millions of Dollar Transactions

The Sandbox (SAND), one of the Ethereum-based game projects, started to lose value after the transaction on the stock exchange.

According to reports by Blockchain analysis platform Spot On Chain The Sandbox four wallets associated with, 92.94 million SAND worth approximately $41.2 million to cryptocurrency exchange Binance sent token.

According to TradingView data, SAND started to lose value after the transaction and It fell to $0.4385.

According to blockchain data, these tokens were transferred to four wallets approximately 2 months ago. token expansion It was sent during.

Wallets added to Binance in total so far 93.14 million SANDs sent. Also two days ago 1.3 million SAND for 566 thousand USDC they sold.

The Sandbox team will be unlocking once again in the coming days. on February 14 Unlocking 205.5 million SAND Waiting.

source site-9