The native token of Sandbox metaverse, SAND, saw a rise in price by over 7% in the past 7 days, while other major metaverse tokens experienced a decline. However, a recent whale transaction by Hashed CEO Simon Kim suggests that SAND may face selling pressure in the future. Kim unstaked $12 million worth of altcoins, including 19.02 million SAND tokens, and moved $10.52 million worth of SAND to Binance.
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