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$QNT A week surge of +287%, which is more ferocious than most copycat projects. But when you dig into the on-chain data, there’s something even more worth watching than the size of the increase: an old “whale” that’s been asleep for more than three years has awakened and is moving coins to exchanges. The price rally is real, and so is the distribution signal. Data point Weekly gain +287% (BeInCrypto 9/29, about $266.75). The trigger: On 9/24, the U.S. clearinghouse TCH (25 major banks, daily clearing of over $2 trillion) selected Quant for the tokenized deposit network technology layer at the $373 level (around 9/27, the highest since 2021), before pulling back to $250–$266.
$QNT A week surge of +287%, which is more ferocious than most copycat projects. But when you dig into the on-chain data, there’s something even more worth watching than the size of the increase: an old “whale” that’s been asleep for more than three years has awakened and is moving coins to exchanges. The price rally is real, and so is the distribution signal. Data point Weekly gain +287% (BeInCrypto 9/29, about $266.75). The trigger: On 9/24, the U.S. clearinghouse TCH (25 major banks, daily clearing of over $2 trillion) selected Quant for the tokenized deposit network technology layer at the $373 level (around 9/27, the highest since 2021), before pulling back to $250–$266.
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BTC is trading inside a falling wedge, and honestly, this setup is getting interesting. The bullish case is pretty simple: if price breaks above the wedge and then successfully retests the breakout zone, that could open the door for a much stronger move higher.