QNT Plunges 23.9 Percent as Bitcoin Nears High
Quant (QNT)
Editor:
Eugene Serbin
According to thecurrencyanalytics.com, Quant (QNT) fell 23.9 percent in 24 hours to $229.24 while Bitcoin pushed higher inside its recent range. Bitcoin traded at $86,043.00, sitting just below its 30-day high of $86,902.06, with Ethereum holding near $2,735.85. The total market cap reached $2.93 trillion with substantial trading volumes of $108 billion, indicating a constructive sentiment with a Fear & Greed Index reading of 72.
Bitcoin dominance remained elevated at 58.7 percent, suggesting capital is still concentrated rather than rotating aggressively into altcoins. Most daily action appeared coin-specific rather than a broad market rotation, with AAVE posting double-digit gains. The disparity in performance between major cryptocurrencies and individual assets like QNT signals potential investor caution.
Sydney TheCMO noted that the path of least resistance remains upward into the weekend but warned that failure to clear the $86,902.06 ceiling could trigger quick profit-taking. The analyst stated, "If it holds, the bias stays bullish through Monday open," referring to Bitcoin defending the $85,000 level. Dan Saada, who holds a Master of Finance from ISEG Business School, provided the analysis covering digital assets and blockchain technology.
How the market reacted
Whalio's own Binance spot order flow for QNT, measured when this story was written up on 2 October 2026. Not the outlet's figures.
Whalio spot data shows QNT trading at $245.48 with a 24-hour buy ratio of 47.2 percent, indicating a slight edge for sellers over the full day. In contrast, the 1-hour buy ratio stands at 48.2 percent and the 4-hour ratio at 50.8 percent, suggesting that buying pressure is stabilizing or building in the short term compared to the daily average. The 24-hour volume delta is -$6,186,159, showing net selling pressure over the longer timeframe, while the 4-hour delta is positive at +$314,030. The 1-hour volume delta is -$104,567, reflecting immediate selling pressure in the most recent hour. A buy ratio below 50 percent means sellers are executing more orders than buyers, whereas a positive volume delta indicates that the total value of buy orders exceeds sell orders.
The latest daily buy ratio of 51.2% sits at the 72nd percentile of the last 322 days, against a median of 48.7% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for QNT, averaged over the days leading up to the story.
Over the preceding week, QNT experienced a 172.5 percent price increase with a 7-day average buy ratio of 51.6 percent. Today’s 24-hour buy ratio of 47.2 percent is 4.5 percentage points lower than the weekly average, marking a deviation from the recent trend. Volume today was 0.89 times the weekly average, indicating slightly lower activity than usual. While the coin saw seven consecutive days of net buying previously, today’s metrics show a shift toward balanced or slightly negative flow. This represents an unusual day for the coin given the sharp price drop contrasting with the previous week's sustained accumulation.