34.28 million unlocked SANDs were distributed to 11 addresses, 5.77 million were transferred to CEX, and 1.38 million were sold through DEX

Odaily Planet Daily News According to Spot On Chain monitoring, as part of token unlocking, 34.28 million SAND (approximately US$13.5 million) were distributed to 11 addresses within 2 hours of unlocking. Among them, 5.77 million SAND (approximately 2.81 million U.S. dollars) were deposited into Binance and Kraken through 4 addresses; 1.38 million SANDs were sold on DEX at a price of 522,000 USDC through addresses starting with 0x7d0, with an average price of 0.378 U.S. dollars. The Sandbox distributed 120 million SAND (approximately $47.6 million) through address 0x73b in the past 4 days, of which 85.5 million SAND were transferred to CEX on August 10 and 11.