Quant dropped 33% on the best day of its year. The bank demo in Miami worked perfectly. Bitcoin barely moved. So who actually sold?

Quant dropped 33% on the best day of its year. The bank demo in Miami worked perfectly. Bitcoin barely moved. So who actually sold?
Quant's market cap went from under $1B to $4.2B in one week. And on a fully diluted basis, Chainlink is only 3.3x bigger. Is QNT actually cheap compared to the market leader in bank blockchain infrastructure?
Quant went from under $1B market cap to $4.2B in one week. On a fully diluted basis, Chainlink is only 3.3x bigger. Is that gap still justified?