Santiment dissects SAND's 53% rally after Korean exchanges reopened deposits
- —SAND closed October 2 up about 53% at roughly $0.069
- —Transactions above $100,000 hit 118 versus a September average of 4.5
- —Net SAND inflows to exchanges reached 56 million tokens
- —A 16% gain on October 7 came as Bitcoin fell 3%, but most of it was erased on October 8
Why it matters: The episode shows how lifting exchange restrictions in Korea can trigger a brief spike in volume and inflows that quickly reverses.
Source: Koin Bülteni