{"id":515308,"date":"2023-01-09T00:20:21","date_gmt":"2023-01-09T05:20:21","guid":{"rendered":"https:\/\/wncen.com\/?p=515308"},"modified":"2024-06-11T11:27:50","modified_gmt":"2024-06-11T11:27:50","slug":"quant-biggest-whale-transactions","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/quant-biggest-whale-transactions\/","title":{"rendered":"Quant (QNT) Records Biggest Whale Transactions In 16 Months"},"content":{"rendered":"<p style=\"text-align: left\"><span style=\"font-weight: 400\">According to a <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/14425089?s=20&amp;t=qFus1GwmCQ6hnzWwO0_3tw\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a> by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000, the highest the Quant Network has recorded since September 2021.<\/span><\/p>\n<h2><strong>Quant Whale Activity Soaring<\/strong><\/h2>\n<p style=\"text-align: left\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-515315 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/E382C106-74DF-4C23-B32C-CD7C39010332.jpeg?resize=860%2C552\" alt=\"\" width=\"860\" height=\"552\"><\/p>\n<blockquote>\n<p style=\"text-align: center\">Source: Santiment<\/p>\n<\/blockquote>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">Just over a week ago, Santiment had also <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/14425089?s=20&amp;t=qFus1GwmCQ6hnzWwO0_3tw\" target=\"_blank\" rel=\"noopener nofollow\">reported<\/a> some level of whale activity on the Quant Network that caused the QNT token to boost in value by 10%. However, unlike then, the massive increase in whale transactions today is yet to produce such positive effect.\u00a0<\/span><\/p>\n<p style=\"text-align: left\"><span style=\"font-weight: 400\">At the time of writing, the price of QNT has decreased by 1.18% in the last 24 hours, falling to a value of $112.71. According to more data by CoinMarketCap, the token&#8217;s 24-hour trading volume has also declined by 24.38%. That said, Quant (QNT) remains the 32nd largest cryptocurrency with a market cap value of $1,361,238,271.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/shibarium-burn-of-shib-tokens\/\" target=\"_blank\" rel=\"noopener \">Shibarium Developers Say Each On-Chain Transaction Will Burn SHIB Tokens<\/a><\/div>\n<h2><strong>What To Expect From Quant (QNT) In 2023?<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">Quant (QNT) is believed by many to be one of the most promising coins for 2023. Although the token\u2019s price dropped by 40% over the previous year, Santiment<a href=\"https:\/\/twitter.com\/santimentfeed\/status\/09812736?s=20&amp;t=qFus1GwmCQ6hnzWwO0_3tw\" target=\"_blank\" rel=\"noopener nofollow\"> tweeted<\/a> a report stating that QNT\u2019s total supply on exchanges had decreased by 23.4% within the same period.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">This indicates the coin experienced an increased demand in 2022 and could be set for a massive price rally as the crypto market recovers in the coming months.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to price predictions by <a href=\"https:\/\/bitnation.co\/forecast\/quant-price-prediction\/#:~:text=What%20is%20the%20price%20prediction,price%20of%20%24203.96%20in%202023.\" target=\"_blank\" rel=\"noopener nofollow\">Bitnation,<\/a> QNT could trade as high as $203.07 in 2023, indicating a plausible 80.17% on the current market price. The team also anticipates the asset&#8217;s average and minimum market prices to be around $169.22 and $135.38, respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coincodex.com\/crypto\/quant-network\/price-prediction\/\" rel=\"nofollow\">Coincodex<\/a>, another popular crypto prediction site, also paints a positive outlook for the QNT token. According to their 2023 price predictions for the altcoin, the coin is expected to attain a value of $113.46 in five days and $135.39 in 30 days. In the next one year, they believe QNT could hit a market price of $175.27 if its growth pattern mirrors that of the internet.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, it is worth noting all these forecasts are not guaranteed, and QNT could even suffer the opposite fate, as no entity can fully predict the movement of the crypto market due to its high volatility.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-515305 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/Screenshot-220.png?resize=460%2C250\" alt=\"\" width=\"460\" height=\"250\"><\/p>\n<blockquote>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">QNT trading at $112.68 | Source: <\/span><a href=\"https:\/\/www.tradingview.com\/symbols\/QNTUSD\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">QNTUSD Chart on Tradingview.com<\/span><\/a><\/p>\n<\/blockquote>\n<div class=\"related-reading-shortcode\">Related Reading: <a title=\"Dogecoin (DOGE) Is Now 4th Most Popular Cryptocurrency On BitPay\" href=\"https:\/\/wncen.com\/news\/dogecoin-4th-most-popular-on-bitpay\/\" target=\"_blank\" rel=\"noopener \">Dogecoin (DOGE) Is Now 4th Most Popular Cryptocurrency On BitPay<\/a><\/div>\n<p><span style=\"font-weight: 400\">Going into the new year, Quant Network has already <a href=\"https:\/\/quant.network\/news\/a-look-back-at-2022\/#:~:text=Looking%20to%20the,Partners\" target=\"_blank\" rel=\"noopener nofollow\">stated<\/a> its aims to expand its ecosystem through the deployment of more projects, several of which are already under development.\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400\">Quant also plans to introduce more updates to the <a href=\"https:\/\/quant.network\/products\/#:~:text=Blockchain%20networks-,It%20all%20starts%20with,Find%20out%20more,-Universal%20interoperability\" target=\"_blank\" rel=\"noopener nofollow\">Overledger<\/a> blockchain, and additional developer solutions to aid the process of building and deploying blockchain projects. Going by all this, there is quite lot to expect from Quant in 2023.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000, the highest the Quant Network has recorded since September 2021. Quant Whale Activity Soaring Source: Santiment Just over a week ago, Santiment had also reported some level of whale activity on the Quant Network that caused the QNT token to boost in value by 10%. However, unlike then, the massive increase in whale transactions today is yet to produce such positive effect.\u00a0 At the time of writing, the price of QNT has decreased by 1.18% in the last 24 hours, falling to a value of $112.71. According to more data by CoinMarketCap, the token&#8217;s 24-hour trading volume has also declined by 24.38%. That said, Quant (QNT) remains the 32nd largest cryptocurrency with a market cap value of $1,361,238,271. Related Reading: Shibarium Developers Say Each On-Chain Transaction Will Burn SHIB Tokens What To Expect From Quant (QNT) In 2023? Quant (QNT) is believed by many to be one of the most promising coins for 2023. Although the token\u2019s price dropped by 40% over the previous year, Santiment tweeted a report stating that QNT\u2019s total supply on exchanges had decreased by 23.4% within the same period.\u00a0 This indicates the coin experienced an increased demand in 2022 and could be set for a massive price rally as the crypto market recovers in the coming months.\u00a0\u00a0 According to price predictions by Bitnation, QNT could trade as high as $203.07 in 2023, indicating a plausible 80.17% on the current market price. The team also anticipates the asset&#8217;s average and minimum market prices to be around $169.22 and $135.38, respectively. Coincodex, another popular crypto prediction site, also paints a positive outlook for the QNT token. According to their 2023 price predictions for the altcoin, the coin is expected to attain a value of $113.46 in five days and $135.39 in 30 days. In the next one year, they believe QNT could hit a market price of $175.27 if its growth pattern mirrors that of the internet.\u00a0 However, it is worth noting all these forecasts are not guaranteed, and QNT could even suffer the opposite fate, as no entity can fully predict the movement of the crypto market due to its high volatility. QNT trading at $112.68 | Source: QNTUSD Chart on Tradingview.com Related Reading: Dogecoin (DOGE) Is Now 4th Most Popular Cryptocurrency On BitPay Going into the new year, Quant Network has already stated its aims to expand its ecosystem through the deployment of more projects, several of which are already under development.\u00a0 Quant also plans to introduce more updates to the Overledger blockchain, and additional developer solutions to aid the process of building and deploying blockchain projects. Going by all this, there is quite lot to expect from Quant in 2023.\u00a0<\/p>\n","protected":false},"author":581,"featured_media":515304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[85541,87663,85540,57231],"class_list":["post-515308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-qnt","tag-qnt-price-prediction-2023","tag-quant","tag-santiment"],"acf":[],"yoast_head":"\n<title>Quant (QNT) Records Biggest Whale Transactions In 16 Months<\/title>\n<meta name=\"description\" content=\"According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. 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While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies. Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative. Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information. Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets. Outside his work, Semilore possesses other passions like all individuals. 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