Whale TON and QNT increase unusual activity - What is the next price target?

Toncoin (TON) and Quant (QNT) are becoming the center of attention as both of these altcoins are witnessing an unusual increase in large transactions from the whale investor group. This trend could be an early signal of a significant price volatility phase in the short term.

Toncoin and Quant Whales Increase Unusual Activity

According to the latest data released by the on-chain analysis company Santiment, the Whale Transaction Count index – the number of transactions valued at 100,000 USD or more – has seen a surge for Toncoin and QNT.

This is an important measure, as large-scale transactions often come only from institutional investors or individuals holding a massive amount of capital, commonly referred to as "whales." This group significantly influences market price fluctuations, so any changes in their trading behavior should be closely monitored.

Data from Santiment shows that recently, the Whale Transaction Count of TON recorded 3 large transactions, while QNT reached up to 24 transactions. Although the figures for Toncoin are significantly smaller, they are still considerably higher than the historical average. In the past three months, TON has only witnessed one equivalent increase. In contrast, QNT has frequently experienced similar scale surges, reflecting a more active whale activity on this network.

According to Santiment, unexpected spikes in the Whale Transaction Count are often associated with upcoming price fluctuations. History shows that after each surge in transactions over 100,000 USD, the market typically experiences adjustments or strong accelerations.

However, the important point to note is that this index does not reflect the direction of trading (buy or sell). In other words, the whales' increased trading simply indicates preparation for volatility, but it cannot yet be confirmed whether this will be a signal for a price increase or decrease.

This means that both TON and QNT are likely to experience a period of strong volatility in the short term – but the specific direction will depend on broader market dynamics and the next actions of whales.

Short term price scenario

For Toncoin, the bullish outlook will be reinforced if this coin maintains a solid position above the important support level of 3 USD, while trading volume continues to improve. In a positive scenario, TON could move towards testing the resistance levels of 3.3 USD and further at 3.5 USD. If it successfully surpasses these thresholds, the market may open up opportunities for a new upward trend, pushing the price towards the range of 3.8 – 4 USD.

On the contrary, if TON loses the support level of 3 USD, selling pressure from large investors could cause the price to adjust sharply to the area of 2.85 – 2.7 USD. This is considered a region with potential buying power in the short term, which could lay the foundation for a recovery later.

TON 1-day price chart | Source: TradingViewOn the Quant side, the surge in whale transactions is raising expectations for a new upward wave. In the case that buying pressure prevails, QNT could quickly test the resistance zone of 105 – 110 USD. If it successfully surpasses this level, the next target will be the 120 USD area – an important milestone that could confirm a more sustainable upward trend.

However, the risk of a price decline also needs to be noted. If selling pressure dominates, QNT has the potential to adjust towards the support area of 95 USD. In a more negative scenario, the price may retreat deeper into the 88 – 90 USD range before finding recovery momentum.

QNT 1-day Price Chart | Source: TradingViewIn summary, both Toncoin and Quant are at a "wave door" threshold, as whale activity surges which could lead to a period of strong volatility. Investors need to closely monitor important support – resistance levels and combine with on-chain data to devise an appropriate strategy.

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