492,721 QNT transferred between unknown wallets in $140M whale move

Nearly half a million QNT tokens just moved from one anonymous wallet to another, carrying a price tag of roughly $139.6 million. The transfer, flagged by blockchain tracker Whale Alert, involved 492,721 QNT and ranks among the largest single movements of the token on record. For a token with approximately 12.07 million in circulating supply out of a maximum of around 14.88 million, this single transfer represents about 4% of all QNT in existence changing hands at once. What’s behind the movement The identities behind both wallets remain unknown. It could be an institutional rebalancing, an OTC deal, or a custodial shuffle. Without on-chain analysis linking the addresses to known entities, the market is left to speculate. The transfer arrives during a period of heightened activity around QNT, Quant Network’s utility token that powers the Overledger platform. Overledger’s core pitch is blockchain interoperability, essentially acting as a universal translator that lets different distributed ledger networks communicate with each other. The Clearing House, a US banking coalition that processes trillions of dollars in payments annually, selected Quant Network for its On-Chain Money Init...