Lookonchain
A Quant Network founder wallet, 0x48E9, moved 25,776 QNT, valued at $6.97 million, to new wallets after seven years of inactivity. The wallet still holds 600,000 QNT, worth $160.39 million.
The transfer puts a portion of a large, dormant balance back in motion. The move alone does not establish whether the tokens were sold; the remaining wallet balance is the key figure for continued on-chain monitoring.
Frequently asked questions
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How much QNT did the founder-linked wallet transfer?
Wallet 0x48E9 moved 25,776 QNT, valued at $6.97 million, to new wallets.
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How long had wallet 0x48E9 been inactive?
The wallet had been inactive for seven years before the transfer.
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How much QNT remains in the wallet?
The wallet still holds 600,000 QNT, valued at $160.39 million.
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Does the transfer confirm that the QNT was sold?
No. The transfer to new wallets shows movement, but does not by itself establish that the tokens were sold.
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Why are on-chain watchers monitoring the remaining QNT balance?
The 600,000 QNT balance is a substantial portion still held by the wallet, making it a key figure to track.
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