Markets· ★★· bearish·

Seven-year QNT holder books 884% profit on 9,000-token sale

  • —Address 0x94e…C73Bb withdrew 53,632 QNT worth $1.21M from exchanges between 2019 and 2022
  • —Average entry price was $22.57 per token
  • —9,000 QNT sold for $1.998M at $222.09
  • —Realized return on the sale: 884%
Why it matters: Profit-taking by a long-term holder could add selling pressure on QNT after its recent rally of more than 50%.
Source: PANews