Santiment Intelligence|Oct 09, 2026 13:25
Korean exchanges lifted their caution label on SAND on Oct 2 and reopened deposits after six weeks. On-chain, the reopening shows up in a single day.
🏛️ Upbit, Bithumb and Coinone reopened SAND deposits and withdrawals, frozen since an August bridge exploit.
📈 SAND closed Oct 2 up ~53%, at ~$0.069.
🐋 $100K+ SAND transactions hit 118 that day, over 25x the September weekday average of ~4.5.
📊 About 56M SAND moved onto exchanges on net, more than 3x the largest day of the prior month. Around 31M came back off on Oct 3.
🔀 A second leg on Oct 7 added ~16% while BTC fell ~3%, though most of it was given back on Oct 8.
A lot of SAND moved on the first day after a six-week deposit freeze. We’ll keep an eye on where it ends up.
🔗 Explore SAND whale transactions and exchange flows in Sanbase: https://app.santiment.net/charts/sand-on-exchanges-and-whale-tx-32209?utm_source=x&utm_medium=post&utm_campaign=sand_1026&aff=33
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink