16.2% of SAND tokens in circulation will be unlocked on August 14, and 96% of tokens will be in circulation after unlocking

According to TechFlow, Token Unlocks tweeted that $134 million worth of SAND tokens will be unlocked on August 14, accounting for 16.2% of the circulating supply.

This is the final unlocking phase for private investors. After unlocking, 96% of tokens are in circulation.

Token Unlocks said the last investor unlocking could reduce future selling pressure, potentially working in the Sandbox’s favor.