A transaction involving 492,721 QNT tokens, valued at approximately $139.6 million, occurred between two anonymous wallets. This movement represents roughly 4% of the total circulating supply of 12.07 million tokens, out of a maximum supply of 14.88 million.
The transfer follows the selection of Quant Network by The Clearing House for its On-Chain Money Initiative on September 24, 2026. This initiative focuses on developing a tokenized deposit network, with a planned launch scheduled for the first half of 2027.
Additional recent activity includes a founder-linked address moving 25,776 QNT worth $6.97 million after seven years of dormancy. Furthermore, two other dormant addresses transferred 42,000 QNT, valued at $10 million, to exchanges including Binance, Coinbase, and Kraken.
