STRK just did what parabolic moves do: tagged $0.124 on Binance, then printed a rejection wick and settled back near $0.11.
The numbers: +50% on the day, roughly +90% on the week, back inside the top 100 with a market cap near $770M (CryptoCompass). The driver is still Eli Ben-Sasson's October 8 pitch: Starknet is actively considering splitting from Ethereum to become an independent quantum-resistant L1, targeting 2027.
Here is the part I am watching. On-chain flow data per CoinCu shows October 9 and 10 were both net exchange outflows, classic accumulation before a move. Today flipped to net inflows, which is holders starting to take profit. The same analysis flags around 73% of transfer volume as wash trading.
So the story is real but the tape is getting sloppy. $0.10 is the line now: hold it and this is a consolidation day, lose it and the spike starts looking like a blowoff.
$STRK $ETH
The numbers: +50% on the day, roughly +90% on the week, back inside the top 100 with a market cap near $770M (CryptoCompass). The driver is still Eli Ben-Sasson's October 8 pitch: Starknet is actively considering splitting from Ethereum to become an independent quantum-resistant L1, targeting 2027.
Here is the part I am watching. On-chain flow data per CoinCu shows October 9 and 10 were both net exchange outflows, classic accumulation before a move. Today flipped to net inflows, which is holders starting to take profit. The same analysis flags around 73% of transfer volume as wash trading.
So the story is real but the tape is getting sloppy. $0.10 is the line now: hold it and this is a consolidation day, lose it and the spike starts looking like a blowoff.
$STRK $ETH