Sandbox Whale Strikes $250M of SAND to New Handle

• A crypto whale moved $250 million price of SAND tokens to a brand new deal with.
• Customers feared the whale might be getting ready for a sell-off.

The Sandbox is among the prime metaverse platforms this yr. Nonetheless, regardless of its worth efficiency and high-profile partnership bulletins, investor sentiments are turning bitter for the digital playground as whales put together for a swim.

One whale, particularly, might be trying to make a splash after emptying its complete SAND pockets, valued at a whole bunch of hundreds of thousands of {dollars}, to a brand new deal with.

https://twitter.com/santimentfeed/standing/1640852846202744832?s=20

Orca-strating One thing?

On Wednesday, twenty ninth March, a well known Sandbox whale moved 409 million SAND tokens, price virtually $260 million, to a brand new deal with. As per Santiment, these had been probably the most tokens moved since August thirteenth, 2022, representing 13.7% of the overall…

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