SAND breaks through resistance, market signals behind trading volume soaring to $140 million

PriceOracleFairy · 2026-01-18T07:40:09+00:00

The SAND token rose nearly 15% on January 17, breaking through key moving averages and attracting market attention. Intraday spot trading volume increased to $140 million, with open interest reaching $25 million, indicating enthusiasm among spot and contract traders. Meanwhile, the number of holders increased, reflecting more participants optimistic about the token, and market sentiment has clearly shifted to a more active state.

PriceOracleFairy

2026-01-18 07:40:09

Abstract generation in progress

【Crypto World】SAND’s recent performance has been quite impressive. On January 17th, the token surged nearly 15%, successfully breaking through the 20-day and 50-day key moving averages, and also drew widespread market attention.

What supports this rally? Trading data gives us the answer. Intraday spot trading volume surged to approximately $140 million, and open interest also increased to around $25 million. The simultaneous strength in these two data points indicates that not only spot traders are buying in, but contract traders’ enthusiasm has also been ignited.

Even more interesting is the change in on-chain data. The number of holders is steadily increasing, which means it’s not just a few speculators, but an increasing number of participants are optimistic about this token. Overall, SAND’s short-term market structure has shown a clear positive shift, with market sentiment turning from indifferent to active.

SAND-8,31%

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DoomCanister

· 01-18 09:42

1.4 billion USD trading volume, is this really the case or is it about to plunge again? --- Hmm... the number of holders is increasing, a good sign, but it usually happens after a breakout --- The contract market is heating up again, is it time to start cutting the leeks? --- Spot and futures are both strengthening, this is true consensus, unlike some coins where only retail investors are playing --- On-chain data growth is the most reliable, indicating that it's not just whales manipulating alone --- A 15% break and then a sharp rise, that's quite aggressive, be cautious of a rebound --- Wait, with such a large trading volume, are there really that many bagholders? --- From indifference to activity, market sentiment has reversed. Can this wave continue? --- Unrealized profit of 25 million, leveraged players are also entering, be cautious when chasing highs

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AirdropFreedom

· 01-18 08:09

Hey, the recent surge of SAND feels a bit scary... Why did it suddenly become so active? $140 million in trading volume? Are the contracts following suit? Is this really about to take off or just another false alarm... Spot and futures contracts are both strengthening, that’s the real signal, otherwise it’s all pointless. Hey, the number of holders is increasing? That means it’s not just whales playing around... Wait, could this timing be a bit perfect... Breaking the moving average and getting so excited? I’m watching it.

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GasGrillMaster

· 01-18 08:02

sand this wave is real, 140 million in trading volume is no joke, and the growth of holders is an even more critical signal

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degenwhisperer

· 01-18 07:42

SAND's recent surge is truly impressive, with $140 million in trading volume clearly showing real money being invested. --- Wow, the number of holders is increasing? That indicates it's not retail investors cutting each other, but big players really accumulating. --- A 15% jump all at once? The contracts are following suit. It feels like this time is really different. --- On-chain data all confirms it. It looks like the main players really want to push this. --- $140 million intraday? Breakout + trading volume support. This chart looks solid. --- Spot and futures are both strengthening together. If the market wasn't genuinely optimistic, this wouldn't happen. Quite interesting. --- SAND has finally come back to life after being dormant for so long. --- What does an increase in holders mean? Think about it yourself. --- All moving averages are broken, plus this trading volume. Short-term prospects are indeed promising.

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