After more than 3 years of dormancy, two whales moved over 42,400 QNT, worth $9.93 million
Capital Flows
Odaily
Odaily reports, according to Lookonchain monitoring, after QNT's recent price increase, whales that had been dormant for over 3 years began selling. One whale deposited 8,250 QNT to Binance, worth $1.88 million; another whale moved 34,200 QNT, worth $8.05 million, and has deposited 9,000 QNT to Coinbase and Kraken, worth $2.12 million.
AI Insights
Two dormant whales moved 42,400 QNT to exchanges after the recent price rise, signaling they are cashing out; exchange deposits increase available supply and potential sell pressure, so QNT is short-term bearish (strong).
AI generated informational use. Not financial advice.