🚨 Binance $SAND netflow plunged to −38.8M on Oct 2, its largest daily net outflow in six months.
📊 Volume surged to 1.01B, 26x the six-month average, while inflows and outflows both hit six-month highs.
🐋 Over 2,113 outflow transactions suggest broad market participation, not just a few large wallets.
📉 Binance reserves dropped 10.1% to 343.9M $SAND, but remain ~50% above the six-month average.
⚠️ Heavy trading and net outflows could signal elevated volatility, while high reserves suggest significant sell-side supply remains.
#SAND #TheSandbox #Binance #CryptoQuant
📊 Volume surged to 1.01B, 26x the six-month average, while inflows and outflows both hit six-month highs.
🐋 Over 2,113 outflow transactions suggest broad market participation, not just a few large wallets.
📉 Binance reserves dropped 10.1% to 343.9M $SAND, but remain ~50% above the six-month average.
⚠️ Heavy trading and net outflows could signal elevated volatility, while high reserves suggest significant sell-side supply remains.
#SAND #TheSandbox #Binance #CryptoQuant
