Blockchair's logo

Quant open interest hits 8-month high as QNT targets THIS level Ambcrypto 02 Dec 2024

Quant open interest hits 8-month high as QNT targets THIS level 📈

Quant's open interest has reached its highest level in eight months, suggesting potential bullish movement. Holders have withdrawn more than 18,400 QNT tokens from spot exchanges last weekend, indicating increased investor interest and confidence.

This significant withdrawal could imply expectations of a price rise, possibly aiming to test new price levels. Watching how QNT performs in the coming days will be crucial for investors anticipating this momentum shift.

Source: ambcrypto.com ↗