Early QNT investor/participant addresses deposited 9.76 million USD worth of QNT into CEX

According to on-chain analyst @ai_9684xtpa, the address of an early investor/participant in QNT who has been dormant for five years became active again last month. 20 minutes ago, it deposited QNT worth 9.76 million USD into CEX, presumably for selling.

This address received 321580 QNT from Quant's multi-signature distribution on June 25, 2018. After being dormant for five years, it sold 8050 tokens (worth $740k) via Metamask between May 24 and June 3,2024. After this transfer, it still holds 200k tokens worth $16.55 million USD.