The Sandbox rises 15%, outperforms a flat market – A warning sign emerges

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The Sandbox (SAND) surged 15% in a single day, trading at around $0.0663. Trading volume jumped 543% to $256.95 million, signaling increased market participation. This rally was driven by retail traders, who appear to be dominating orders at the current price. However, SAND’s exchange reserves also rose by over $15 million to $106.4 million since October 16, which could signal imminent selling pressure if holders begin taking profits.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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