Quant price rose by 400% in September, CEO transferred $6.97 million QNT
2026-10-02 01:02:11
CoinMeta data: The price of Quant has risen by over 400% in the past month, while a wallet associated with the founder and CEO Gilbert Verdian transferred 25,776 QNT tokens after being inactive for seven years, worth approximately $6.97 million. According to TradingView data, the QNT / USDT ratio increased by 400.73% in the past month. The current trading price of this token is around $300.63, and it reached a daily high of $357 during the growth period. On September 29th, this wallet was reported by TokenPost to have been migrated to a newly created address. The original holder's account still holds about 600,000 QNT tokens, worth roughly $160 million. This transfer does not imply that the tokens were sold; however, the timing of the transfer is noteworthy. The price of Quant was already on a rapid upward trend before the wallet became active again. This transfer provides an on-chain event for monitoring, but its purpose has not been established through the transaction itself.
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Source:The Coin Republic
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