Hashed deposits $6.3M in SAND to Binance

An address attributed to South Korean blockchain investment firm Hashed deposited 18.45 million SAND ($6.3 million) to the cryptocurrency exchange Binance two hours ago, according to Lookonchain on X. Last month, the same address withdrew 11.36 million SAND ($2.9 million) at an average price of $0.26. Since that withdrawal, SAND has increased by 35%. At the time of writing, SAND is trading at $0.3440, down 6.25% over the past 24 hours , according to data from CoinMarketCap.