Upbit and Bithumb remove transaction precaution tag for SAND
The Sandbox (SAND)
Editor:
Eugene Serbin
South Korean exchanges Upbit and Bithumb have officially removed the transaction precaution label for SAND, according to lookonchain.com. The tag was initially applied on August 24 following a security incident involving the token. Both platforms reviewed the explanation and follow-up measures submitted by the project team to assess the situation.
They determined that the original reasons for the designation had been eliminated, justifying the removal of the status. This decision allows for normal trading activity without the previous restrictions on the two major exchanges. HTX market data indicates SAND was priced at $0.067777 at the time of the announcement.
The token recorded a 24-hour gain of 53.52% during this period. The 24-hour high reached $0.073469 as the market reacted to the updated status. The removal signals that the exchanges are satisfied with the project team's response to the earlier security concerns.
How the market reacted
Whalio's own Binance spot order flow for SAND, measured when this story was written up on 2 October 2026. Not the outlet's figures.
Whalio spot data shows SAND trading at $0.04505 with a 1-hour buy ratio of 52.2%, indicating immediate buying interest. This short-term bullish sentiment contrasts with the 4-hour buy ratio of 48.6% and the 24-hour ratio of 45.2%. The 1-hour volume delta is positive at +$71,786, while the 4-hour and 24-hour deltas are negative at -$225,197 and -$160,915 respectively. A positive volume delta means buyers are aggressively taking market orders, while a negative delta suggests sellers are dominating the flow. Despite the recent 1-hour buying pressure, the longer-term 24-hour trend shows net selling. The cumulative volume delta for the 24-hour close is +$2,494,441, with net buying occurring in 16 of the 24 hours. Spot volume for the period stands at $1,709,138 across 28,177 trades.
The latest daily buy ratio of 48.7% sits at the 33rd percentile of the last 322 days, against a median of 49.9% - ordinary for this coin.
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 7-day average buy ratio was 48.9%, making today's 24-hour ratio of 45.2% slightly weaker than the recent norm. The daily buy ratio is 3.8 points lower than the weekly average, indicating a shift toward selling pressure. Volume is currently at 0.88x the weekly average, showing reduced trading activity compared to the standard week. Only 1 of the past 7 days saw net buying, highlighting a generally bearish trend. The price change over 8 days is +5.5%, with a total volume delta of -$377,977 for the period. This suggests that while the price has risen slightly, the overall flow has been net negative for the week.