Quant Drops 9.81% in One Hour to $174 as Long Liquidations Reach $380,000
The token was up 68.00% over 24 hours even as the sharp hourly decline hit leveraged positions.
Quant (QNT) fell from $192 to $174 in one hour as of 2:07 a.m. ET (06:07 UTC) on Sept. 27, a 9.81% decline that reversed part of a sharp 24-hour gain.
The price was measured from Binance spot QNT/USDT trading data collected by TokenPost. QNT remained up 68.00% from its level 24 hours earlier despite the hourly drop.
Long liquidations totaled $380,000 during the same hour across Binance, Bybit and OKX, while short liquidations reached $200,000. Liquidations occur when exchanges forcibly close leveraged positions after traders can no longer meet margin requirements.
Quant ranked 43rd by market capitalization at approximately $2.5991 billion based on the measured market data.
