Is a Massive $SAND Sell-Off Coming? Hashed Makes Its First Move in 2 Years
Just 6 hours ago, Hashed—a key investor and strategic partner of The Sandbox—deposited 17.03M #SAND (~$4.1M) to Binance, raising eyebrows across the market.
This marks Hashed’s first SAND offload in two years. Notably, all of its #sand came directly from The Sandbox development team, making this move even more significant.
📍Wallet address: 0xf1db561ef1452c7e88c24ed438e546d3019e1b06
Remaining holding: 25.55M SAND (~$6.15M)
Whether it’s a routine rebalance or a sign of major unloading, this could pressure the market if Hashed continues to sell. Keep your eyes peeled.