Covalent has fully acquired all CQT tokens sold by FTX administrators

Ganesh Swami, co-founder of blockchain data query and indexing platform Covalent, said that as of April 26, 2024, Covalent has fully acquired all of the CQT tokens held by the FTX estate. The private buyer bought the assets a month ago and then has been selling them on the open market, which has had a negative impact on CQT. This buyer was contacted by Covalent last week and made a private sale for the entire remaining CQT.