Why did Quantus drop 12.0% on October 22, 2026?
On October 22, 2026 (UTC), QTC went from about $0.000868 to $0.000764 (-11.95%) on Gate · USDT, trading between $0.00076 and $0.000879. For the closed-hour 24h window: QTC's move differs substantially from its BTC-based estimate; the cause is unresolved. QTC fell further than this on 7 of the past 29 days. Quantus moved down on a day when most other tracked coins also fell, but it left a large residual after the comparison with Bitcoin, so the move is larger than its usual day and the coin-specific part is not explained. Trading volume was below usual across the venues where it trades. No recent report about Quantus explains the decline, so the cause is unresolved.
Still open
- What specific development, if any, prompted the larger-than-usual decline in Quantus — an official project statement, a filing, or an exchange notice would settle it.
- Whether the residual reflects coin-specific selling or conditions in its main trading venues — on-chain pool data or exchange order-flow disclosures would settle it.
- Whether any listing change, unlock or treasury action occurred — an exchange notice or on-chain transaction data would settle it.
- Day open / close
- $0.000868 → $0.00076424 hourly candles, Gate · USDT
- Day range
- $0.00076 – $0.00087915.6% from low to high
- Versus Bitcoin
- -11.95% / BTC -3.19%-13.6 pts left after BTC × its hourly beta -0.51
- Versus the past month
- 7 of the past 29 days fell furtherClosed-hour 24h move -11.95%, 2.5× its prior 30-day median of 4.8%.
- 30-day range
- 89.1% below the high · 0.5% above the lowFrom hourly highs and lows on the same venue
- Other tracked coins
- 11 of 16 moved the same way1 moved the other way
- 24h volume
- 0.5×of its prior 30-day daily average
- Where it traded
- Near Intents 56% · Rhea Finance 27% · BigONE 13%
Computed from Gate · USDT hourly candles for the 24 hours to 23/10/2026, 00:00 UTC.
Written by a model from the reading above; no report about this coin was available to cite, at 23/10/2026, 00:40 UTC.
Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →