Thread by @Goingbr0ke

Many people ask me how many $QNT tokens are held in the top 1000 wallets- Minus #1, which is the burn wallet.

We have 11,640,809.46, all held in the wallets offline and by people and exchanges...

But this needs to be dug in a little deeper.

1/9

Subtract the wallets labeled for exchanges; you have 9,723,271.48.
Roughly 1,917,537.97 are labeled- now this needs to be clarified as we know there is more that is held offline, not marked.

Here is an interesting factor to consider @cryptocom owns 216,314.98 marked $QNT
2/9

What happens if they become insolvent? This is an interesting question to ask.

I will get this tuned in more so it is more accurate, but I know @Threetoesloth1 has put something out in more detail.

Just working through this, and I will have more to update.

3/9

This is just me thinking out loud.

Why is this important, you ask? Everyone is asking why wallet growth is so significant?

The less you have on exchanges, the greater the project price will be in the long term- Not allowing exchanges to sell what they don't own.

4/9

Driving Price +. Small supply, no rewards

Here is a great article explaining this same concept for $BTC

forbes.com/sites/rufaskam…

Exchanges need you to keep your tokens on exchanges; otherwise, they have little supply to sell.

Demand high, supply low, you get the idea.
5/9

So what does this mean for $QNT holders? Gilbert has been spot on with $TUSD and exchanges not being practical. Liquidity crunches whenever one gets scared at the same time.

He has recently stated about banks posted by @MHiesboeck.

https://twitter.com/MHiesboeck/status/1590614964540420096?s=20&t=o5YFgjI_70-eK_JGsAoTcQ

6/9

Are exchanges next to all start falling apart?

This leads every $QNT holder to the ultimate question - Gateways, when Gateways?

Is Gilbert waiting for the best time to introduce Gateways? Is it that when most exchanges die out, banks become CDBCs become custodial accounts?
7/9

Will we see?

The more $QNT off exchanges, the greater the demand will drive. While the price is low today, Tomorrow will be a different story.

In the meantime, supply is low, and exchanges will need help filling orders sooner or later,

8/9

ESPECIALLY AS WE APPROACH 100K WALLETS AND BEYOND.

As of Today we are at 91,505 new cold wallets

#NotYourKeysNotYourCoins
#QNTTalent
@GregLunt27 @CryptoNagato @Threetoesloth1
$QNT
9/9

10/10 with the chart $QNT 91,505 cold wallets

*** CORRECTION Exchanges plus $QNT team wallet That are labeled.***

5,891,713.15

Total help by The people

5,749,096.31

In the top 1000 wallets.

Sorry Calculation missed something.