QNT whale moves $140M as Clearing House partnership drives interest
Quant (QNT)
Editor:
Eugene Serbin
cryptobriefing.com reports that 492,721 QNT tokens, valued at approximately $139.6 million, were transferred between two anonymous wallets. This single movement accounts for roughly 4% of the total QNT supply, given the 12.07 million tokens currently in circulation out of a 14.88 million maximum. The transfer highlights growing institutional interest in Quant Network’s Overledger platform, which facilitates blockchain interoperability.
This activity follows the selection of Quant Network by The Clearing House, a US banking coalition, for its On-Chain Money Initiative announced on September 24, 2026. The initiative aims to launch a tokenized deposit network by the first half of 2027, potentially positioning Overledger as critical infrastructure for regulated banking systems. Additionally, a founder-linked address moved 25,776 QNT worth $6.97 million after seven years of dormancy, while another 42,000 QNT valued at $10 million moved to major exchanges like Binance, Coinbase, and Kraken.
These exchange inflows suggest potential selling pressure, contrasting with the large institutional-style transfer. The constrained supply of QNT could amplify price movements if institutional demand scales with the 2027 initiative launch.
How the market reacted
Whalio's own Binance spot order flow for QNT, measured when this story was written up on 30 September 2026. Not the outlet's figures.
Whalio data shows QNT trading at $266.80 with a 24-hour buy ratio of 52.2%, indicating a slight majority of buyers over sellers. However, shorter-term pressure has shifted, with the 1-hour buy ratio dropping to 47.8% and the 4-hour ratio at 48.4%, suggesting immediate buying momentum is fading compared to the daily average. The 24-hour volume delta stands at a positive $6,939,584, reflecting net accumulation over the day, though the 1-hour delta is negative at -$223,059. This divergence implies that while buyers dominated earlier in the session, recent activity has seen more selling volume than buying volume. The CVD for the 24-hour close remains positive at $1,831,136, confirming that cumulative buying pressure has outweighed selling pressure over the full day despite the recent shift.
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 261.3% price increase with volume reaching 2.21 times the average daily volume. This week shows 7 out of 7 days of net buying, with a 7-day average buy ratio of 51.6%, which is 0.6 points higher than the latest day's reading. The current 24-hour volume of $159,392,470 sits significantly above the typical daily baseline, underscoring the unusual intensity of trading activity. Compared to the weekly average, today's volume is more than double, indicating sustained high interest rather than a fleeting spike. This consistent weekly buying pressure contrasts with the slight short-term cooling seen in the 1-hour buy ratio, highlighting a broader accumulation trend against a backdrop of massive price appreciation.