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Hashed Transfers $12 Million in SAND to Binance as Market Activity Intensifies


by Maxwell Mutuma
for CoinEdition
Hashed Linked Wallet Deposits Millions In SAND Tokens To Binance Exchange Amid Current SAND Price And Market Consolidation.
  • Hashed-linked wallet moved 36.9M SAND to Binance, raising sell-off concerns
  • SAND price holds bullish trend despite whale transfers and looming sell pressure
  • Derivatives open interest rises 2.28%, signaling rising trader activity and volatility

A wallet linked to Hashed, a prominent Korean blockchain investment firm, recently transferred a large amount of SAND tokens to Binance. According to data from Onchain Lens, the wallet deposited 18.45 million SAND valued at approximately $5.79 million into the exchange in the last hour. This transaction marks a continuation of notable activity, as the same address moved a total of 36.9 million SAND worth around $12.13 million to Binance over the past 15 days. 

Price Activity Shows Bullish Momentum Amid Speculative Moves

The current market price of SAND stands at $0.3097, reflecting a daily gain of 3.38%. The 24-hour trading volume has climbed to…

The post Hashed Transfers $12 Million in SAND to Binance as Market Activity Intensifies appeared first on Coin Edition.

Read the article at CoinEdition

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Hashed Transfers $12 Million in SAND to Binance as Market Activity Intensifies


by Maxwell Mutuma
for CoinEdition
Hashed Linked Wallet Deposits Millions In SAND Tokens To Binance Exchange Amid Current SAND Price And Market Consolidation.
  • Hashed-linked wallet moved 36.9M SAND to Binance, raising sell-off concerns
  • SAND price holds bullish trend despite whale transfers and looming sell pressure
  • Derivatives open interest rises 2.28%, signaling rising trader activity and volatility

A wallet linked to Hashed, a prominent Korean blockchain investment firm, recently transferred a large amount of SAND tokens to Binance. According to data from Onchain Lens, the wallet deposited 18.45 million SAND valued at approximately $5.79 million into the exchange in the last hour. This transaction marks a continuation of notable activity, as the same address moved a total of 36.9 million SAND worth around $12.13 million to Binance over the past 15 days. 

Price Activity Shows Bullish Momentum Amid Speculative Moves

The current market price of SAND stands at $0.3097, reflecting a daily gain of 3.38%. The 24-hour trading volume has climbed to…

The post Hashed Transfers $12 Million in SAND to Binance as Market Activity Intensifies appeared first on Coin Edition.

Read the article at CoinEdition

Read More

For Altcoin Whales Trading May be Easier on Bitget Than Binance, CoinGecko Research Finds

For Altcoin Whales Trading May be Easier on Bitget Than Binance, CoinGecko Research Finds

Bitget recently emerged as liquidity leader for top altcoins at smaller depth ranges,...
Bitcoin Holds Above $107K Ahead of Friday’s Big Options Expiry With $102K Max Pain Price

Bitcoin Holds Above $107K Ahead of Friday’s Big Options Expiry With $102K Max Pain Price

Put-call skews show no clear directional positioning for traders in the short-term.