#sand surged by 35%, Hashed transferred 18.45 million tokens: What signal is the whale sending?

The metaverse sector has new developments — according to on-chain data, @hashed_official transferred 18.45 million SAND to Binance, worth approximately $6.3 million.

It is worth noting that Hashed had just withdrawn 11.36 million SAND from Binance last month, when the price was only $0.26, and now the price has risen over 35%. This large transfer may indicate a phase of profit-taking, or it could suggest new movements from the project in the future.

As one of the veteran projects in the metaverse, SAND has shown activity again after a long period of silence, combined with whale operations, does this signal a capital inflow back into the metaverse sector? Or is it just a short-term arbitrage action?

📌 Such on-chain activities are often a barometer for major players' positioning or reallocation, so it is advisable to keep an eye on this.

What do you think about this wave of SAND, is it a rebound or the start of a new main upward trend? ( •̀ ω •́ )✧