PANews reported on May 13 that according to Lookonchain monitoring, Hashed deposited 18.45 million SANDs to Binance two hours ago, worth about $6.3 million. Hashed is known for its buy low, sell high strategy. Last month, they withdrew 11.36 million SANDs from Binance at $0.26, worth $2.9 million at the time. Since then, the price of SAND has risen by 35%.