492,721 QNT move in $139.6 million transfer between anonymous wallets

  • Whale Alert flagged 492,721 QNT moving between two unidentified wallets.
  • The transfer was valued at roughly $139.6 million, or about 4% of QNT’s total supply.
  • The Clearing House selected Quant Network for its On-Chain Money Initiative around September 24, 2026.

A transfer of 492,721 QNT worth roughly $139.6 million between unidentified wallets ranks among the token’s largest recorded movements and represents about 4% of its total supply. The transaction occurred as activity around Quant Network’s QNT increased following The Clearing House’s selection of the network for its On-Chain Money Initiative around September 24, 2026. The initiative targets a tokenized deposit network for launch in the first half of 2027. Separately, a founder-linked wallet moved 25,776 QNT worth approximately $6.97 million after about seven years of inactivity, while two other dormant addresses sent roughly 42,000 QNT, valued at around $10 million, toward Binance, Coinbase and Kraken. The wallet owners behind the largest transfer remain unknown, leaving open possibilities including institutional rebalancing, an over-the-counter transaction or a custodial transfer. Quant’s Overledger platform is designed to connect different distributed ledger networks, and limited QNT supply could amplify price moves if institutional demand develops when the initiative launches.

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