Quant drops 20% in a week while only 1.16% of QNT supply sits on exchanges
- —Only 1.16% of QNT supply is held on tracked exchanges
- —The token lost more than 20% of its value over the past week
- —QNT is up over 200% in a month and about 170% year-to-date
- —Its all-time high of $428 was set on September 11, 2021
Why it matters: Thin exchange supply limits sell pressure, but it does not guarantee a rebound after the recent correction.
Source: Bithub