Quant Network founder transferred 25,776 QNT tokens worth $6.97 million to a new wallet after seven years of inactivity, according to on-chain data from Lookonchain. The movement originated from address 0x48E9, which had remained dormant since 2019.
The founder's wallet still holds 600,000 QNT valued at approximately $160.39 million following the transfer. This significant remaining stake continues to represent a substantial portion of the project's token supply despite the recent activity.
Quant Network Founder Moves $6.97M in QNT After 7-Year Dormancy
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