{"id":516188,"date":"2023-01-16T06:51:50","date_gmt":"2023-01-16T11:51:50","guid":{"rendered":"https:\/\/wncen.com\/?p=516188"},"modified":"2023-03-08T07:26:18","modified_gmt":"2023-03-08T07:26:18","slug":"eth-whales-buy-sand","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/eth-whales-buy-sand\/","title":{"rendered":"ETH Whales Scoop Up SAND – Up Nearly 80% – For Its Highly Bought Crypto Menu"},"content":{"rendered":"

The Sandbox is one of the leading players in the <\/span>GameFi<\/span><\/a> space. Its native token SAND is now going down the net of ETH whales as the altcoin rally continues into its third week. According to <\/span>CoinGecko<\/span><\/a>, the token has gone up by 76% in the past two weeks.\u00a0<\/span><\/p>\n

ETH whales are also adding fuel to this fire, accumulating SAND and including the crypto on its <\/span>top 10<\/span><\/a> tokens bought in the past 24 hours. Along with the recent release of <\/span>Game Maker 0.8<\/span><\/a>, The Sandbox ecosystem is expected to continue to be a dominant player in the GameFi space.\u00a0<\/span><\/p>\n

\n

JUST IN: $SAND<\/a> @TheSandboxGame<\/a> now on top 10 purchased tokens among 100 biggest #ETH<\/a> whales in the last 24hrs \ud83d\udc33<\/p>\n

Check the top 100 whales here: https:\/\/t.co\/N5qqsCAH8j<\/a><\/p>\n

(and hodl $BBW<\/a> to see data for the top 5000!)#SAND<\/a> #whalestats<\/a> #babywhale<\/a> #BBW<\/a> pic.twitter.com\/nWQoR6vWNX<\/a><\/p>\n

\u2014 WhaleStats (tracking crypto whales) (@WhaleStats) January 15, 2023<\/a><\/p><\/blockquote>\n

\"Sandbox\"Image: Chain Debrief<\/pre>\n
More Support From ETH Whales\u00a0<\/strong><\/h2>\n
The whale buying spree has effectively pushed the price of SAND up on the broader market market. Looking at the charts, the token is up almost <\/span>80%<\/span><\/a> in the past two weeks. This in turn made the token test the $0.7540 price resistance level.\u00a0<\/span><\/p>\n
On top of the whale buying spree, the release of Game Maker 0.8 certainly has an effect on the token. According to the development team\u2019s <\/span>Medium post<\/span><\/a>, this upgrade brought features that were requested by the community in the past.\u00a0<\/span><\/p>\n
Related Reading: Bitcoin Disciples: Only 43.5 Million Own The Crypto Globally, Study Shows<\/a><\/div>\n
\"eth<\/p>\n
Image: BitIRA<\/pre>\n
New multiplayer gameplay features, new lighting and post-processing effects, and the addition of audio and video streaming on the platform will certainly bring more attention to the platform and the GameFi space. With <\/span>gaming companies<\/span><\/a> noticing the power of Web3 development, platforms like The Sandbox will continue to rise in popularity.\u00a0<\/span><\/p>\n
Is SAND Standing On Solid Ground?\u00a0<\/strong><\/h2>\n
As the time of writing, the token is changing hands at $0.7044. With crucial support at $0.5015, this may be enough for SAND to sustain higher highs and higher lows. ETH whales should be careful, however, as a break below the $0.6327 support would delay a possible break above $0.7540.\u00a0<\/span><\/p>\n
Bitcoin\u2019s current strong momentum is being reflected by the token in the short to medium term as well. This means that if ever BTC – the world’s biggest crypto asset in terms of market cap – continues its <\/span>momentous<\/span><\/a> climb to breach the $21,500 resistance, SAND would see gains above $0.8626 which would wipe the losses that occurred when crypto exchange FTX collapsed.\u00a0<\/span><\/p>\n
<\/p>\n
Related Reading: BONK Tumbles 66% \u2013 Can The \u2018Dogecoin Killer\u2019 Live Up To Its Name?<\/a><\/div>\n
A breakthrough like this would trigger a bigger rally. However, if the rally is met with resistance, investors and traders should consolidate above $0.6327 to support further bullish movement in the coming days and weeks.\u00a0<\/span><\/p>\n
Improvements in the macroeconomic situation should also help SAND\u2019s price to secure crucial consolidation levels. With <\/span>inflation<\/span><\/a> seemingly going down, the ecosystem and SAND would benefit from its high correlation with Bitcoin and Ethereum.\u00a0\u00a0<\/span><\/p>\n
-Featured image: Screen Rant<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
The Sandbox is one of the leading players in the GameFi space. Its native token SAND is now going down the net of ETH whales as the altcoin rally continues into its third week. According to CoinGecko, the token has gone up by 76% in the past two weeks.\u00a0 ETH whales are also adding fuel to this fire, accumulating SAND and including the crypto on its top 10 tokens bought in the past 24 hours. Along with the recent release of Game Maker 0.8, The Sandbox ecosystem is expected to continue to be a dominant player in the GameFi space.\u00a0 JUST IN: $SAND @TheSandboxGame now on top 10 purchased tokens among 100 biggest #ETH whales in the last 24hrs \ud83d\udc33 Check the top 100 whales here: https:\/\/t.co\/N5qqsCAH8j (and hodl $BBW to see data for the top 5000!)#SAND #whalestats #babywhale #BBW pic.twitter.com\/nWQoR6vWNX \u2014 WhaleStats (tracking crypto whales) (@WhaleStats) January 15, 2023 Image: Chain Debrief More Support From ETH Whales\u00a0 The whale buying spree has effectively pushed the price of SAND up on the broader market market. Looking at the charts, the token is up almost 80% in the past two weeks. This in turn made the token test the $0.7540 price resistance level.\u00a0 On top of the whale buying spree, the release of Game Maker 0.8 certainly has an effect on the token. According to the development team\u2019s Medium post, this upgrade brought features that were requested by the community in the past.\u00a0 Related Reading: Bitcoin Disciples: Only 43.5 Million Own The Crypto Globally, Study Shows Image: BitIRA New multiplayer gameplay features, new lighting and post-processing effects, and the addition of audio and video streaming on the platform will certainly bring more attention to the platform and the GameFi space. With gaming companies noticing the power of Web3 development, platforms like The Sandbox will continue to rise in popularity.\u00a0 Is SAND Standing On Solid Ground?\u00a0 As the time of writing, the token is changing hands at $0.7044. With crucial support at $0.5015, this may be enough for SAND to sustain higher highs and higher lows. ETH whales should be careful, however, as a break below the $0.6327 support would delay a possible break above $0.7540.\u00a0 Bitcoin\u2019s current strong momentum is being reflected by the token in the short to medium term as well. This means that if ever BTC – the world’s biggest crypto asset in terms of market cap – continues its momentous climb to breach the $21,500 resistance, SAND would see gains above $0.8626 which would wipe the losses that occurred when crypto exchange FTX collapsed.\u00a0 Related Reading: BONK Tumbles 66% \u2013 Can The \u2018Dogecoin Killer\u2019 Live Up To Its Name? A breakthrough like this would trigger a bigger rally. However, if the rally is met with resistance, investors and traders should consolidate above $0.6327 to support further bullish movement in the coming days and weeks.\u00a0 Improvements in the macroeconomic situation should also help SAND\u2019s price to secure crucial consolidation levels. With inflation seemingly going down, the ecosystem and SAND would benefit from its high correlation with Bitcoin and Ethereum.\u00a0\u00a0 -Featured image: Screen Rant<\/p>\n","protected":false},"author":557,"featured_media":516191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,85285,84706,87729,14781],"class_list":["post-516188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-sand","tag-the-sandbox","tag-whale-activity","tag-whales"],"acf":[],"yoast_head":"\nETH Whales Scoop Up SAND - Up Nearly 80% - For Its Highly Bought Crypto Menu<\/title>\n<meta name=\"description\" content=\"The Sandbox is one of the leading players in the GameFi space. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"ETH Whales Scoop Up SAND – Up Nearly 80% – For Its Highly Bought Crypto Menu","url":"http:\/\/wncen.com\/news\/eth-whales-buy-sand\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/eth-whales-buy-sand\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-42.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-42.png?fit=1126%2C571"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","sand","the sandbox","whale activity","whales"],"dateCreated":"2023-01-16T11:51:50Z","datePublished":"2023-01-16T11:51:50Z","dateModified":"2023-03-08T07:26:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"ETH Whales Scoop Up SAND – Up Nearly 80% – For Its Highly Bought Crypto Menu\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/eth-whales-buy-sand\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/eth-whales-buy-sand\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/a-42.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/a-42.png?fit=1126%2C571\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"sand\",\"the sandbox\",\"whale activity\",\"whales\"],\"dateCreated\":\"2023-01-16T11:51:50Z\",\"datePublished\":\"2023-01-16T11:51:50Z\",\"dateModified\":\"2023-03-08T07:26:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-42.png?fit=1126%2C571","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/516188"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=516188"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/516188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/516191"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=516188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=516188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=516188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}