PANews reported on April 8 that according to Onchain Lens monitoring, crypto venture capital firm Hashed has transferred 17.03 million SAND to Binance, which is worth about $4.1 million at the current market value, and is suspected of planning to sell it. Hashed led a $2.5 million investment in the SAND project in May 2019 and currently still holds 25.55 million SAND, worth about $6.15 million.