A newly created wallet has withdrawn 10,390 Quant (QNT) tokens worth $2.87 million from Coinbase. On-chain monitoring identified the fresh address "0x80Fa" as the recipient of the significant transfer.
The withdrawal represents a notable movement of QNT from the centralized exchange to a private wallet. Large transfers to newly generated addresses often signal accumulation or preparation for long-term holding by market participants.
New Wallet Withdraws $2.87 Million in QNT from Coinbase
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