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Dormant Quant whales move after 400 percent surge, transfer $10 million to exchanges

After Quant (QNT) surged on news of cooperation with the U.S. banking consortium The Clearing House, large wallets dormant for more than three years moved about $10 million worth of QNT to exchanges, data showed. Arkham Intelligence flagged two addresses that transferred tokens to Binance, Coinbase and Kraken. QNT rose from $56 to $74 to around $373 before pulling back to $241 to $253. It is unclear whether the wallets belong to insiders.