Token

The Sandbox

Millions

Coin

<ul class="news-points"> 
 <li><strong>Lookonchain revealed that 127 million SAND was transferred from wallets belonging to The Sandbox.</strong></li> 
 <li><strong>Token Unlocks noted that 332.55 million SAND will be unlocked in the next 10 days.</strong></li> 
 <li><strong>A drop below the minor support level at $0.3970 could see SAND drop to $0.3746.</strong></li> 
</ul> 
<p>Lookonchain, an on-chain tracking firm, revealed in a tweet earlier today that 127M The <a href="https://coinedition.com/tag/Sandbox-SAND/" rel="noopener noreferrer nofollow">Sandbox (SAND)</a> tokens were transferred from wallets belonging to The Sandbox team during the past 12 hours. Meanwhile, the tokenomics monitoring platform Token Unlocks noted that 332.55 million SAND, which is 16.16% of the circulating supply, will be unlocked after 10 days.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">We noticed that 127M <a href="https://twitter.com/search?q=%24SAND&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SAND</a> ($51.32M) was transferred from <a href="https://twitter.com/hashtag/TheSandbox?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TheSandbox</a> wallets 6 hrs ago.<br><br>According to <a href="https://twitter.com/Token_Unlocks?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Token_Unlocks</a>, 332.55M <a href="https://twitter.com/search?q=%24SAND&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SAND</a> ($134.4M) will be unlocked after 10 days, 16.16% of the circulating supply.<a href="https://t.co/3SVyVp8os2" target="_blank" rel="noopener noreferrer nofollow">https://t.co/3SVyVp8os2</a> <a href="https://t.co/aNyw8tTbbI" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/aNyw8tTbbI</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1687299707754909696?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 4, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>According to Lookonchain’s post, the 127 million SAND transferred today is worth $51.23 million. The 332.55 million SAND that will be unlocked in the next 10 days is estimated to be worth approximately $134.4 million.</p> 
<p>These unlocked tokens may…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/the-sandbox-to-unlock-millions-of-sand-soon-price-drop-to-come/">The Sandbox to Unlock Millions of SAND Soon: Price Drop to Come?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

The Sandbox to Unlock Millions of SAND Soon: Price Drop to Come?

Coin Edition

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