A newly created address transferred 27 million SAND tokens to multiple CEXs, worth approximately $3 million

Odaily News According to Arkham monitoring, approximately nine hours ago, a total of 27 million SAND tokens were transferred from a newly created address (three days old) to five CEXs including Binance, OKX, and Bitget, with a value of approximately $3 million. Transaction tracing revealed that these tokens originated from The Sandbox team's Gnosis Safe Proxy address and were routed to this wallet through an intermediate wallet previously associated with Animoca Brands.