Lookonchain said dormant QNT whales have started moving tokens after the asset’s recent rise. According to the on-chain monitoring account, one whale deposited 8,250 QNT to Binance, with the transfer valued at $1.88 million. A second whale moved 34,200 QNT worth $8.05 million and has already deposited 9,000 QNT, worth $2.12 million, to Coinbase and Kraken. The activity came after wallets that had been inactive for more than three years became active again. The report points to exchange inflows from long-dormant holders, with Binance, Coinbase, and Kraken all named in the tracked transfers.
ChainCatcher reported, citing Lookonchain, that dormant QNT whales have started selling after the token’s recent rise.
According to the monitoring data, one whale deposited 8,250 QNT to Binance, valued at $1.88 million. Another whale moved 34,200 QNT worth $8.05 million and has already deposited 9,000 QNT, valued at $2.12 million, to Coinbase and Kraken.
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