A transfer of 492,721 QNT worth roughly $139.6 million between unidentified wallets ranked among the token’s largest recorded movements and represented about 4% of its circulating supply. The transaction occurred amid increased activity around Quant Network after The Clearing House selected it for its On-Chain Money Initiative around September 24, 2026, which targets a tokenized deposit network for launch in the first half of 2027. QNT has since extended a 250% weekly rally, rising toward $330 before retracing to about $232 and recovering to near $280. The rally has increased unrealized profits for recent buyers, while the $300 area has emerged as an important test. The RSI stood at 68.04 after previously moving above 80, showing that bullish momentum remained elevated but had cooled from overbought conditions. Separately, a Quant founder-linked wallet moved 25,776 QNT worth approximately $6.97 million after about seven years of inactivity and retained 600,000 QNT valued at $160.39 million. The tokens were sent to new wallets rather than a centralized exchange, so the transfer raises supply concerns without confirming an immediate sale. Two other dormant addresses also sent roughly 42,000 QNT, worth around $10 million, toward Binance, Coinbase and Kraken. The largest transfer’s purpose and owners remain unknown.