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Binance Sees $8.54M SAND Deposit, Potentially From GSR and Animoca  

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By on October 9, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Binance Sees $8.54M SAND Deposit, Potentially From GSR and Animoca   appeared first on Coinpedia Fintech News

In a recent move of a strategic portfolio trimming, two wallets deposited a total of 33.94 million SAND tokens worth $8.54 million to Binance. The deposits included 16.426 million SAND worth $4.13 million from wallet address 0xd62, potentially linked to GSR. Further, the deposits involved 17.513 million SAND worth $4.41 million from wallet address 0x13C, potentially linked to Animoca. Currently, the SAND token is trading at a Year-to-date loss of 58.45% at the market price of $0.25048 with a 10.45% in the last ten days. 

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