Animoca Brands deposits SAND tokens with Binance

By Samuel Mbaki Wanjiku

Updated March 14, 2023 at 9:16 am

Edited by Nicholas Ross Say

News

Animoca Brands deposits SAND tokens with Binance

Animoca Brands has deposited more SAND with Binance.

Animoca Brands chooses Binance

Earlier today, Animoca Brands deposited 2 million SAND with Binance. This is the third time in the week that Animoca Brand’s wallet has been reported to have made a deposit. How much liquidity is produced by the recovering market to allow the whale to sell?

40 min ago, @animocabrands deposited 2M $SAND to @binance.

This is the 3rd time this week this wallet deposit $SAND to @binance

Rebound market is creating great liquidity for the whale to sell out? pic.twitter.com/naj3P1c0Ng
— The Data Nerd (@theData_Nerd) January 13, 2023

Animoca Brands looking for funds

Animoca Brands Corp. has substantially scaled back its expectations in light of the current collapse of the crypto market.

Yat Siu, co-founder, and CEO of Animoca brands stated that Animoca Capital was in talks with potential investors and intended to use the cash to assist blockchain and metaverse businesses.