According to a post on Twitter by on-chain analyst @BitcoinEmber, at 3:00 am on the 5th (Eastern Time 8), The Sandbox (SAND) initiated a large-scale unlocking and transfer. The three multi-signature addresses used for unlocking allocations transferred a total of 170 million SAND, accounting for 5.67% of the total, with a value of approximately US$130 million.
Among them: 97 million SAND was transferred from the Genesis address, of which 40 million was transferred to Binance; 48 million SAND was transferred from the Multisig address, of which 24 million was transferred to Binance; 25 million SAND was transferred from the Advisors Vault address, of which 14 million was transferred to Binance. A total of 78 million SAND was transferred to Binance.


