As $QNT has surged recently, whales that had been dormant for over 3 years are waking up and starting to sell. 0x6d32 deposited 8,250 $QNT($1.88M) into Binance after being dormant for over 3 years. 0xd633 moved 34,200 $QNT($8.05M) after more than 3 years of inactivity and has
Why now
Thesis: Long-dormant holders distribute into QNT rally
Catalyst to watch: Continued whale deposits to exchanges
Main risk: Selling may be routine rebalancing
Why it matters
Dormant whales selling into a rally can signal distribution, capping further upside.
Details
As $QNT has surged recently, whales that had been dormant for over 3 years are waking up and starting to sell. 0x6d32 deposited 8,250 $QNT($1.88M) into #Binance after being dormant for over 3 years. 0xd633 moved 34,200 $QNT($8.05M) after more than 3 years of inactivity and has already deposited 9,000 $QNT($2.12M) into #Coinbase and #Kraken. https://t.co/iMK6gfdDO6 https://t.co/4iO8MccCtS
Sources
- x · 2026-09-29 05:28 UTC