A wallet identified by Lookonchain as belonging to the founder of Quant Network transferred 25,776 QNT to a new wallet after seven years of inactivity, according to a ChainCatcher newsflash. The moved tokens were valued at $6.97 million at the time of the alert. Lookonchain said the original wallet, labeled 0x48E...a170, still holds 600,000 QNT. Based on the figures cited in the report, those remaining holdings were valued at $160.39 million. The update focuses on the on-chain movement and does not provide additional details on the purpose of the transfer or the identity behind the new receiving wallet.
According to a ChainCatcher newsflash citing Lookonchain, a wallet identified as belonging to the founder of Quant Network transferred 25,776 QNT to a new wallet after seven years of inactivity.
The wallet, labeled 0x48E...a170 in the report, moved tokens worth $6.97 million. Lookonchain said the address still holds 600,000 QNT, valued at $160.39 million.
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