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TechFlow reported, Token Unlocks tweeted that on August 14, $134 million worth of SAND tokens will be unlocked, accounting for 16.2% of the circulating supply.
This marks the final unlock phase for private investors. After this unlock, 96% of the tokens will be in circulation.
Token Unlocks stated that the final investor unlock could reduce future selling pressure, which might benefit The Sandbox.
Token Unlocks tweeted that on August 14, $134 million worth of SAND tokens will be unlocked, accounting for 16.2% of the circulating supply. This marks the final unlock phase for private investors. After this unlock, 96% of the tokens will have entered circulation. Token Unlocks noted that the final investor unlock could reduce future selling pressure, potentially benefiting The Sandbox.
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