$SAND transferred to CEX as part of token unlock preparation

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Aug 11, 2023

SOC Team

$SAND transferred to CEX as part of token unlock preparation

Related addresses

0x73b4B4290038e22003f241DE95341dC66846d358

Total tokens transferred

80.529M

SAND

Address 0x73b transferred 80.529M $SAND ($32.34M) to three CEX between 10 and 6 hours ago:

70M $SAND to Binance
10M $SAND to OKX
529K $SAND to Gemini
address: 0x73b4B4290038e22003f241DE95341dC66846d358

Notably, address 0x73b just received 60M $SAND from The Sandbox Genesis on Aug 4 (7 days ago) in preparation for the token unlock scheduled on Aug 14:

check out the previous signal here

On Aug 14, 332.55M $SAND (~$133.9M), or 16% of circulating supply, is expected to be unlocked:

71.25M $SAND ($28.7M) to Team
37.5M $SAND ($15.1M) to Advisors
96.84M $SAND ($39M) to Company Reserve
24M $SAND ($9.66M) to Strategic Sale
102.96M $SAND ($41.45M) to Seed Sale

reference from TokenUnlocks here

#sand

#unlock

#binance.okx

#gemini

Related signals

2024 Oct 08 - 16:09

Two wallets linked to the Sandbox deposited 33.94M SAND ($8.53M) to Binance

Two wallets linked to the Sanbox, 0x13c and 0xd62, just deposited 33.94M SAND ($8.53M) to Binance. Overall, since August 21, 2024, three wallets that received SAND from The Sandbox have deposited 78.94M SAND ($20.63M) to Binance and OKX at $0.261 on average.

2024 Sep 24 - 20:18

Wallet linked to the Sandbox deposited 25M SAND ($7.08M) to CEXs

Wallet 0x010 (likely The Sandbox) just deposited 25M SAND ($7.08M) to Binance and OKX. Notably, the wallet received 41M SAND ($11.32M) from The Sandbox's Genesis wallet 22 hours ago.

2024 Sep 06 - 15:03

Wallet linked to the Sandbox deposited 10M SAND ($2.42M) to Binance

Wallet 0x13c (linked to the Sandbox) just deposited another 10M SAND ($2.42M) to Binance. Notably, this wallet received 35M SAND (then $9.09M) from The Sandbox on August 20 and has then transferred a total of 20M SAND ($5.04M) to Binance and OKX at $0.252 on average.