On-chain analyst ai_9684xtpa recently revealed via Twitter that leading NFT and blockchain game developer and investor Animoca Brands has withdrawn 20 million SAND tokens (worth approximately $4.95 million) from the Binance cryptocurrency exchange. The withdrawal was completed in two separate transactions, with the funds being transferred to another alleged Animoca Brands address. The address currently holds a total of 25 million SAND tokens, valued at approximately $6.16 million. This latest development follows Animoca Brands' recent announcement regarding its strategic partnership with Binance to launch a new blockchain-based gaming platform and accelerator program. This withdrawal of SAND tokens by Animoca Brands could potentially impact the market price of SAND. However, the long-term implications of this move remain to be seen. It is worth noting that the overall market conditions and broader economic factors can also significantly influence the price of SAND and other cryptocurrencies.