Data: A newly established address transferred 27 million SAND to multiple CEXs, worth approximately 3 million USD

According to Arkham monitoring data, in the past two hours, a total of 27 million SAND tokens were transferred from a newly created address three days ago to five CEXs including Binance, OKX, and Bitget, worth approximately 3 million USD. Tracking the transactions reveals that these tokens originated from The Sandbox team's Gnosis Safe Proxy address and were routed through an intermediary wallet that was previously associated with Animoca Brands.