Quant (QNT) Major player breaks three years of silence, withdrawing $10 million
2026-09-30 00:45:20
CoinMeta data: According to U.Today, a major holder of Quant ( QNT ) broke three years of silence after experiencing a 400% price increase and made an exit of approximately $10 million. Based on Arkham Intelligence's on-chain monitoring, two large addresses that had not conducted any transactions since 2023 traded almost simultaneously: address 0x6d32 transferred 8,250 QNT to Binance, worth about $1.88 million; address 0xd633 transferred 34,200 QNT in stages (about $8.05 million), of which 9,000 (about $2.12 million) were sent to Coinbase and Kraken. These large transfers coincided with a peak in local demand, allowing holders to exit without putting significant pressure on prices. The sharp rise in QNT was due to the US clearinghouse ( TCH ) choosing Quant as its technical partner for tokenized deposits. TCH's payment system processes about $2 trillion in transactions daily, and this news sparked speculative demand.
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Source:U.Today
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