The Sandbox commenced a token unlock process of 170 million SAND tokens. The market has since traded in a tight range.

The unlock was carried out from three multi-signature addresses, with 97 million SAND tokens transferred from the Genesis address, 48 million from the Multisig address, and 25 million from the Advisors Vault address.

Out of the total amount released, 78 million SAND tokens worth $60 million were directly transferred to the Binance deposit address.

In the last 12 hours, The Sandbox executed a massive unlock rollout, releasing a total of 170 million SAND tokens worth $130 million.