The Sandbox to reimburse SAND holders after 14.7M token bridge exploit
The Sandbox (SAND)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that The Sandbox has pledged to reimburse eligible SAND holders 1:1 following an exploit on Aug. 21 that drained about 14.7 million tokens from an Ethereum vault. The stolen tokens were worth roughly $700,000. According to The Sandbox’s Aug. 27 post-mortem, users who legitimately held bridged tokens are covered by this reimbursement plan.
How the market reacted
Whalio's own Binance spot order flow for SAND, measured when this story was written up on 28 August 2026. Not the outlet's figures.
SAND is trading at $0.04123 with a 1h buy ratio of 54.8%, indicating a short-term shift toward buying pressure compared to the 40.3% ratio over the past 4 hours. However, the 24h buy ratio stands at 50.4%, suggesting that over the full day, buying and selling are nearly balanced. The 1h volume delta is positive at +$3,383, showing recent net inflows, while the 4h delta is negative at -$40,395, reflecting earlier outflows. Over 24 hours, the volume delta is +$5,735, but the cumulative CVD closed at -$35,749, indicating that despite recent activity, sellers have dominated the total volume over the day.
The latest daily buy ratio of 50.3% sits at the 54th percentile of the last 281 days, against a median of 50.0% - ordinary for this coin.
Twenty-four hours later
What SAND did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for SAND, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 47.9%, making today’s 24h ratio of 50.4% slightly higher by 2.4 points. Spot volume for the day was $693,611, which is only 0.29x the weekly average, marking it as an unusually quiet day for trading activity. The coin saw net buying on 3 of the last 7 days, and the 8d volume delta total was -$173,405. The price has declined 5.6% over the past 8 days, confirming a broader downtrend despite the slight uptick in today's buy ratio.