In a notable development within the cryptocurrency landscape, Hashed (@hashed_official) has recently deposited 18.45 million SAND tokens to Binance, equating to a substantial value of $6.3 million. This transaction, logged by LookIntoChain, highlights the increasing activity surrounding the Metaverse cryptocurrency, SAND, which has seen noteworthy price fluctuations.
Prior to this deposit, Hashed made a strategic withdrawal of 11.36 million SAND from Binance last month, capitalizing on a price point of $0.26, valued at $2.9 million. Since that time, the price of SAND has appreciated by 35%, illustrating a robust market response and investor confidence. This upward momentum could signify a vital shift within the crypto trading matrices, warranting close attention from market participants and analysts alike.
Source: https://en.coinotag.com/breakingnews/hashed-moves-18-45-million-sand-to-binance-as-coin-surges-35-a-deep-dive/