Quant Suffers 5.72% One-Hour Decline Amid Sharp Long Liquidations

Quant (QNT) suffered a sharp one-hour decline of 5.72% to $164 on September 27, according to TokenPost's direct measurement of public exchange prices.

The price drop occurred on Binance's spot QNT/USDT market and marked a reversal within a strongly positive daily move for the asset.

Despite the one-hour decline, Quant remained up 55.35% from its level 24 hours earlier, showing resilience in the face of market volatility.

The long liquidations on Binance, Bybit, and OKX totaled $430,000 during the same hour, significantly outweighing short liquidations of $40,000.