According to Spot on Chain monitoring, on February 3, four associated addresses of The Sandbox deposited a total of 92.94 million SAND (approximately 41.21 million US dollars) to Binance 8 hours ago. These wallets received these tokens as part of the unlocking process from The Sandbox's multi-signature address in the past 1.5 months. These addresses sold 1.3 million SAND for 566,000 US dollars USDC two days ago.

It is worth noting that on February 14, 2024, The Sandbox will unlock 205 million SAND (approximately 90.2 million US dollars), and these addresses may receive more SAND at that time.