Quant Soars 4.1% in One Hour to $93.40 Amid $60,000 Short Liquidations

Quant's price surged by 4.1% in just one hour to $93.40 on Binance's spot market, according to publicly available exchange prices. This rapid increase came as short liquidations across major exchanges like Binance, Bybit, and OKX reached $60,000 during the same period.

Meanwhile, long liquidations totaled a relatively low $0, suggesting that investors were largely unwinding their bearish positions in Quant. The token's market capitalization stood at approximately $1.31175 billion, placing it 71st among crypto assets by market value.