Data: A newly created address transferred 27 million SAND tokens to multiple centralized exchanges, worth approximately $3 million.
AI Summary1 min read
TL;DR
A new address transferred 27 million SAND tokens worth $3 million to exchanges like Binance and OKX. The tokens originated from The Sandbox team's wallet via an Animoca Brands-linked intermediary.
Tags
The SandboxSEC Security TokenThe ProtocolMetaverseBinance LaunchpadSAND tokenscryptocurrency transfercentralized exchangesblockchain data
According to ChainCatcher, data monitored by Arkham shows that in the past two hours, a total of 27 million SAND tokens, worth approximately $3 million, were transferred from a new address created three days ago to five centralized exchanges including Binance, OKX, and Bitget. Tracking the transactions revealed that these tokens originated from the Gnosis Safe Proxy address of The Sandbox team and were transferred to that wallet through an intermediary wallet previously associated with Animoca Brands.