QNT Token Price Sees Immediate Selling Pressure After $2.87M Withdrawal

A new wallet has been created on Coinbase, withdrawing 10,390 QNT tokens valued at $2.87M on September 28, 2026.

The immediate selling pressure pushed QNT's price action into a bullish structure, with the 50-day EMA ($126.14) and 200-day EMA ($82.49) providing layered support.

With the Relative Strength Index (RSI(14)) at 76.01 indicating overbought conditions, traders expect a healthy retracement towards the 50-EMA support before any potential continuation higher.