Hashed CEO Offloads $10 Million Of Sandbox; SAND Price Dump?
Sandbox Information: The Sandbox (SAND), the native token of Sandbox metaverse printed inexperienced indexes countering the promoting strain and market sentiments over the previous 7 days. Sandbox price jumped by greater than 7% whereas different main metaverse tokens’ costs declined throughout the interval. Nonetheless, current whale transaction means that SAND value may face a decline forward.
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Sandbox To Face Promoting Stress?
Arkham, On-chain information tracker, reported that Simon Kim, CEO of Hashed unstaked $12 million price of altcoins on Might 30, 2023. The chief unstaked 19.02 million Sandbox tokens (Approx price $10.64 million). He additionally moved the League of Kingdoms Area (LOKA) and Coin98 (C98).
Information depicts that hashed CEO moved $10.52 million price of SAND tokens to the world’s largest crypto trade, Binance. It is very important word that The Sandbox Blockchain raised $2.5 million in an investment round led by Hashed in Might 2019.
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