• Hashing 18.45 million sand deposits, the deposits to Vinance point out a chance of sale.
• Sandbox costs, which rose 32.6% in every week, fell 4.1% immediately.
• The vital ranges to take a look at are $0.31 assist and resistance of $0.3627.

Sandbox has been attracting consideration within the cryptocurrency market, with its value rising 32.6% to $0.3517 over the previous week.

Regardless of this spectacular revenue, tokens have confronted a 4.1% decline within the final 24 hours.

Along with market dynamics, Crypto Funding Agency Hashed just lately deposited 18.45 million sand tokens price round $6.3 million.

hash(@hashed_official) 18.45m deposition $Sand($6.3 million) #binance Two hours in the past.

I am excellent at shopping for low and promoting excessive. Final month they retracted 11.36m. $SandRanging from ($2.9 million) #binance $0.26. since then, $Sand It is up 35%. https://t.co/nbfrqu5wf2 pic.twitter.com/lymx4wqxkg

– lookonchain (@lookonchain) Might 13, 2025

This vital transaction has sparked debate between merchants and analysts in regards to the potential impression on the sand’s value trajectory.

Latest sand costs traits

Over the previous 24 hours, Sand has been buying and selling between $0.337 and $0.3706, reflecting the volatility inherent within the cryptocurrency market.

Regardless of latest DIP, the tokens have proven resilience, up 32.6% over the previous seven days, shifting from a low of $0.2641 to a excessive of $0.3679.

Wanting on the wider time-frame, Sand has achieved 17.4% over the past 14 days and 33.2% over the previous month, displaying a robust upward development.

Nevertheless, it’s price noting that tokens have fallen by 16.7% over the previous yr, highlighting the cyclical nature of cryptocurrency investments.

Influence of Hashed’s Strategic Token Motion

Notably, immediately’s sand transactions, price round $6.3 million, follows a strategic withdrawal that was hashed final month.

On April 10, 2025, at 3pm on UTC, Hashed withdrew 136.3 million sand tokens from Binance when the worth was $0.26 and totaled $2.9 million.

Since then, Sand’s value has been extremely valued at 35%, reaching $0.35 earlier than the latest deposit.

Such a lot of sand deposits immediately may point out that hashed is getting ready on the market, which may put downward strain on costs.

That is notably related given the elevated buying and selling quantity noticed after deposit.

Instantly after the deposit, buying and selling exercise surged, with the quantity of the sand/USDT pair leaping to sand over 25 million within the following instances.

This was considerably greater than the previous 24-hour common of 15 million sand.

The rising exercise suggests merchants are responding shortly to the information, and maybe anticipating value actions.

From a technical standpoint, the relative power index (RSI) is now 64 after quickly getting into the world that was over-acquired on the every day chart, suggesting that the sand is on the rise, however is presently being cooled in anticipation of the following transfer.

The MACD sign a retracement because the histogram decreases and the MACD and sign traces converge.

If the worth falls under assist at $0.31, you possibly can witness a retest of assist for round $0.27.

Nevertheless, if $0.31 in assist is retained and $0.3627 in resistance breaks, the token may regain bullish momentum and drive in the direction of $0.41.

Nevertheless, you will need to word that the broader cryptocurrency market is experiencing blended sentiment. You will need to word that that is pushed by traders’ curiosity in digital actuality initiatives primarily based on the latest positive aspects of property reminiscent of sand and sport tokens containing sand, however might have an effect on the danger urge for food of property reminiscent of sand.

Watch out for buying and selling volumes, technical metrics, and broader market sentiment is vital for these seeking to capitalize on or hedge potential value actions within the coming days.