Sandbox (SAND) Whale Purchases Surge as SAND Uptrend Strengthens
Sandbox's SAND token is experiencing a significant surge in interest and activity, fueled by both ecosystem developments and increased whale accumulation. After a multi-year lull, SAND has broken out, demonstrating a powerful comeback that's capturing the attention of investors and traders alike.
Whale Interest Drives SAND Price Gains
Recent data shows a dramatic rise in large transaction volumes, with a 250% increase driven by heightened interest from whales and institutions. This bullish sentiment is a key factor driving SAND's upward trajectory. In the last two weeks alone, whale addresses have collected nearly 11.4 million SAND tokens, worth about $5 million, indicating increased activity and confidence in The Sandbox platform.
Today, Ap, Sandbox (SAND) has recorded an 8.8% price gain. WhaleStats reports that ETH whales have been paying closer attention to The Sandbox during the past 24 hours, a crucial sign of growing institutional interest.
SAND Price Performance: A Strong Comeback
The Sandbox has been pretty consistent with its rally, appreciating by close to 40% and hitting a 9-month high of $0.86. At the time of writing, SAND was trading around $0.797, marking one of the strongest comebacks in the market. This impressive performance signals a renewed confidence in the Sandbox metaverse and its potential.
On-Chain Data Supports Bullish Outlook
On-chain data further supports SAND’s bullish outlook. According to Coinglass, SAND’s Open Interest has jumped, suggesting increased market participation and conviction. SAND from the Sandbox has suddenly broken from a long slumber. And believe it or not, it's all from the protocol's recent developments and whales starting to show interest. SAND jumped 17 de sept. de 2025
Is a SAND Price Drop Imminent?
While the overall outlook is positive, some analysts suggest that SAND may experience a short-term pullback. Despite the recent jump, the altcoin seems bearish and is likely to see a drop, possibly because of a whale dumping SAND. However, the underlying fundamentals and continued whale accumulation suggest that any dip may be short-lived.
Why is Whale Interest Important?
Whale participation is a critical indicator of market sentiment and potential price movements. When whales accumulate a cryptocurrency, it often signals confidence in the asset's long-term prospects. This result implies that the network Whale participation and rising Open Interest.