{"id":23406,"date":"2023-05-30T18:37:21","date_gmt":"2023-05-30T18:37:21","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/05\/30\/hashed-ceo-offloads-10-million-of-sandbox-sand-price-dump\/"},"modified":"2023-05-30T18:37:21","modified_gmt":"2023-05-30T18:37:21","slug":"hashed-ceo-offloads-10-million-of-sandbox-sand-price-dump","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/05\/30\/hashed-ceo-offloads-10-million-of-sandbox-sand-price-dump\/","title":{"rendered":"Hashed CEO Offloads $10 Million Of Sandbox; SAND Price Dump?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><strong>Sandbox News:<\/strong> The <a href=\"https:\/\/coingape.com\/glossary\/sandbox\/\" target=\"_blank\" rel=\"noopener\">Sandbox (SAND)<\/a>, the native token of Sandbox metaverse printed inexperienced indexes countering the promoting stress and market sentiments over the previous 7 days. <a href=\"https:\/\/coingape.com\/price\/the-sandbox\/\" target=\"_blank\" rel=\"noopener\">Sandbox price<\/a> jumped by greater than 7% whereas different main metaverse tokens\u2019 costs declined throughout the interval. However, current whale transaction means that SAND value may face a decline forward.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/bitcoin-bull-run-btc-outperforms-gold-crude-oil-news\/?utm_source=24hrsupdateall\" target=\"_blank\" rel=\"noopener\">Bitcoin Outperforms Gold, Crude Oil; Bitcoin Bull Run Ahead?<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2>Sandbox To Face Selling Pressure?<\/h2>\n<p>Arkham, On-chain knowledge tracker, reported that Simon Kim, CEO of Hashed unstaked $12 million price of altcoins on May 30, 2023. The govt unstaked 19.02 million Sandbox tokens (Approx price $10.64 million). He additionally moved the League of Kingdoms Arena (LOKA) and Coin98 (C98).<\/p>\n<p>Data depicts that hashed CEO moved $10.52 million price of SAND tokens to the world\u2019s largest crypto change, Binance. It is vital to notice that The Sandbox Blockchain raised $2.5 million in an<a href=\"https:\/\/medium.com\/sandbox-game\/the-sandbox-blockchain-gaming-platform-receives-2-5m-led-by-hashed-553e467056b\" target=\"_blank\" rel=\"noopener\"> investment round<\/a> led by Hashed in May 2019.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<figure id=\"attachment_150193\" aria-describedby=\"caption-attachment-150193\" style=\"width: 1454px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-150193\" alt=\"\" width=\"1454\" height=\"694\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/30234029\/arkham.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-150193\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/30234029\/arkham.jpg\" alt=\"\" width=\"1454\" height=\"694\"\/><\/noscript><figcaption id=\"caption-attachment-150193\" class=\"wp-caption-text dfdfdf1\"><strong>Source: Arkham<\/strong><\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>This transfer means that the Hashed govt is in search of to guide a revenue and take an exit from the venture. It is predicted that SAND may face some promoting stress forward.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/optimism-whale-shifts-2-65-million-op-ahead-of-unlock-dump-incoming\/\" target=\"_blank\" rel=\"noopener\">Optimism Investor Whale Moves 2.65 Million OP Ahead Of Unlock; Dump Incoming?<\/a><\/strong><\/p>\n<p>As per CoinMarketCap, Sandbox is the third largest metaverse token by market capitalization. Its dwell market cap stands at $1.01 billion. SAND value registered a achieve of seven% within the final 7 days after a steady decline. Its value trailed by 8% within the final 30 days. However, its 24 hour buying and selling quantity has dropped by 15% to face at $82.2 million.<\/p>\n<p>Top Metaverse tokens have managed to get well from a current sell-off. The cumulative market cap metaverse now stands round $13.77 billion. Its 24 hour buying and selling quantity is down by 31% to face at $831 million.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here&rsquo;s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA150180\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Ashish believes in Decentralisation and has a eager curiosity in evolving Blockchain expertise, Cryptocurrency ecosystem, and NFTs. 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Reach me at ashish@coingape.com                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD150180\">\n<p>  The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/hashed-ceo-offloads-10-million-of-sandbox-sand-price-dump\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Sandbox News: The Sandbox (SAND), the native token of Sandbox metaverse printed inexperienced indexes countering the promoting stress and market sentiments over the previous 7 days. Sandbox price jumped by greater than 7% whereas different main metaverse tokens\u2019 costs declined throughout the interval. However, current whale transaction means that SAND value may face a 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