The 6-Year-Old Altcoin Whale That Missed $130 Million Started Selling!

A whale who invested in Altcoin years ago started selling it for millions of dollars in profit.

According to data provided by the on-chain analysis platform Lookonchain, the Quant (QNT) whale, which has been inactive for six years, has started selling.

The data revealed that the whale in question transferred 118,088 QNT worth $9.87 million to the cryptocurrency exchange Kraken.

It is noteworthy that the whale in question did not sell during the great rise of QNT in 2021 and is now turning to selling. If it had managed to sell in 2021, it would have made a profit of approximately $130 million.

The same wallet sold 8,050 QNT worth $742 thousand on DEX last month at $92.

This whale had purchased 326 thousand QNT worth only 200 thousand dollars 6 years ago. After his sales transactions in recent months, he was left with 200,000 QNT worth $16.55 million.

According to CoinGecko data, QNT, which has decreased by 4% in the last 24 hours, is traded at $ 79.95 at the time of writing.