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

According to Arkham monitoring, approximately 27 million SAND tokens were transferred to five CEXs including Binance, OKX, and Bitget from a newly created address three days ago, worth about 3 million USD.

Tracking the transaction revealed 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.