The game token block has been strong for almost a day, and Sandbox coins are ahead of SAND. In the past 24 hours, the SAND has increased by more than 10 per cent, and the single-day trade has grown by 157 per cent to above $46 million. During the same period, the total market value of the game plate fell by $5.15 billion, but the total volume of the plate fell, indicating a greater concentration of funds to a small number of coins.
Financial flows are positive.
DefiLlama data indicate that SAND's dollar inflows have been reversed and returned to net inflows after two consecutive days of outflows, on a scale of over $3,600. Short-term emotions were repaired compared to large outflows in early June.
The number of currency addresses is also increasing. The CoinMarketCap data show that the number of SAND holders increased from 36.75 million to 36.77 million in less than a week, with an increase of over 200 addresses, reflecting a rebound in the willingness of the chain.
Big whales have bigger sizes.
The Nansen AI data show that the so-called “smart money” address is currently based on net sales on SAND, with an empty warehouse of about $10,000, multiple warehouse positions of about $1,200 and an overall emptiness.
However, giant whales finance in the opposite direction. The data show that the whale holds more than $157,000 in SAND multihead positions, about 10 times the size of the net warehouse of smart money. This means that the main forces driving the price up now are closer to large inflows than short-term traders.
Price breaking short-line resistance.
Based on short-term trends, SAND has broken two lower lines and is standing in a horizontal resistance zone near US$ 0.0537. The technical structure cited in the text indicates that the 100- and 200-day movement mean lines have been converted to short-line support, with a synchronous magnification of the exchange.
If the increase continues, the price may go back between 0.05150 and 0.05228, then try to go up the 0.05641. If the subsequent purchase is reduced, the vicinity of the US$ 0.0537 will be an important place for observing the strength of the short line.
