8-YEAR $QNT WHALE JUST MOVED $3.3M IS AN EXCHANGE EXIT COMING?
An old $QNT whale from 2018 just became active again.
The wallet originally received 21,194 QNT for just ~$16.4K, giving it a tiny historical cost basis of around $0.77 per token.
Then, about an hour ago, the wallet started preparing the move:
• 0.004 ETH sent for gas
• 10 QNT test transfer
• Then 14,412 QNT worth ~$3.3M moved out in one transaction
The interesting part is the destination pipeline. This same route has previously been used to send large amounts of $QNT toward Coinbase deposit infrastructure.
#QNT
An old $QNT whale from 2018 just became active again.
The wallet originally received 21,194 QNT for just ~$16.4K, giving it a tiny historical cost basis of around $0.77 per token.
Then, about an hour ago, the wallet started preparing the move:
• 0.004 ETH sent for gas
• 10 QNT test transfer
• Then 14,412 QNT worth ~$3.3M moved out in one transaction
The interesting part is the destination pipeline. This same route has previously been used to send large amounts of $QNT toward Coinbase deposit infrastructure.
#QNT
