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Quantum Solutions loses top Japan ETH treasury spot after $1.9 million sale

The sale cut the firm’s ETH treasury holdings by 28.6% since mid-June and followed an earlier transaction.

Reported · Written up by our desk · Ethereum

Quantum Solutions has lost the top spot in Japan’s Ethereum treasury ranking after selling additional ether worth $1.9 million, according to The Block.

The outlet said the two sales reduced Quantum’s ETH treasury holdings by 28.6% since mid-June.

As a result, the firm ceded its position as the leading Japan-based holder of ETH treasuries.

The Block framed the change as part of a continued reduction in Quantum’s ether reserves.

Latest closeEthereum $1,916.72 ▲0.4%

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Sources

The BlockQuantum Solutions loses top Japan ETH treasury spot after another $1.9 million sale

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