Dormant QNT Whales Stir as Price Surges Past $247

Quant (QNT) has seen significant movement from dormant wallets following its recent price surge. Two long-dormant wallets have moved a total of 42,450 QNT worth nearly $10 million, with part of these holdings deposited to major exchanges such as Binance and Coinbase.

The activity involves two wallets that had remained largely inactive for more than three years. One wallet sent 8,250 QNT, valued at around $1.88 million, to a Binance deposit address. This transfer occurred roughly 13 hours before the snapshot.

A second larger wallet, which also became active after more than three years, moved 34,200 QNT worth approximately $8.05 million and had already deposited 9,000 QNT worth about $2.12 million into Coinbase and Kraken.

The recent rally in QNT's price has been accompanied by a sharp increase in trading activity. The asset trades around $247, up roughly 27.5% over the past 24 hours, according to CoinMarketCap.