SAND is undergoing a significant unlock of 280.74 million tokens by Monday, representing 9.36% of the total supply and 16% of the circulating supply.

SAND is undergoing a significant unlock of 280.74 million tokens by Monday, representing 9.36% of the total supply and 16% of the circulating supply. This unlock amounts to approx. $332.69 million, which is equivalent to 13.6% of the market cap.

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The IEO for SAND, held on Binance from August 6th to 13th, 2020, raised $3 million and yielded a 48.1x return, reaching an all-time high of 1001.22x. The private sale, with tokens priced at $0.005, achieved an 80.17x return and an all-time high of 1668.63x, raising $600,000. The pre-sale, at a price of $0.0036 per token, yielded a 111.35x return, hitting an all-time high of 2317.55x, and raised $1,855,440. with means Early Investors are already Up huge, And these are the last Unlocks for seed Investors.

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In 2020, SAND's first unlock caused a 41% drop in price Unlocked 18% of the circulating supply. But in 2021, during a strong market, the next two unlocks boosted returns by over 200%. Later, as the market weakened, two more unlocks led to losses of 40% and 30%. So, unlocks did well in a good market but struggled when the market turned sour.

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https://preview.redd.it/ksbaxc01zshb1.jpg?758&format=pjpg&auto=webp&s=9f6404325e3ce231514740d42db9fa97833bb8d6

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Deposits on exchanges have risen above 20% and are now sitting at 24%. Binance is receiving the top deposits, with the overall volume on exchanges reaching $720 million. This marks an increase from $620 million just a week ago. Binance is leading the way, having received $75 million in deposits within the last 7 days. This level of activity is the highest it's been in a year in 2022.

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Additionally, SAND faced scrutiny from the SEC last month, along with a few other gaming tokens. Despite the passage of time, SAND has not yet recovered from the dip in value that followed the SEC news.

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Animoca Brands holds 14,148 tokens, with recent increases of $5,682. (They will sell asap) been selling since last Year.

Hashed controls 35.6 million tokens, 1kx has 9.5 million, and Genesis Trading's OTC holds 5.8 million, all with no recent changes.

Alameda Research has 805,598 tokens, with a 30-day increase of $26,727.

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Seeing this as a slow trade, taking 15 to 30 days to reveal the real volatility, trading into the unlock day is mostly characterized by pump-and-dump (PND) spikes that wreck both sides. This is due to extreme open interest (OI) and futures trades, which create some shorter-term volatility. The real moves typically start in a week or two.

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Just a heads up for all the SAND holders to keep in mind, stay safe and happy trading guys!