Markets· ★★★· neutral·

STRK Jumps 39% to $0.101, but 73.5% of Volume Flagged as Wash Trading

  • —STRK gained 39.13% in 24 hours to $0.1014 on $0.6 billion reported volume
  • —73.5% of volume flagged as wash trading; clean volume estimated at $38.6 million
  • —Nine accumulator wallets hold 47.79 million STRK and are routing funds to Binance and Coinbase
  • —CEX flows flipped to a net inflow of 179,000 STRK on October 11
Why it matters: The rally lacks confirmed organic demand, and the flow reversal plus a mintable contract flag leave STRK exposed to a sharp correction.
#STRK
Source: Coincu
More on this
Markets · Oct 6
LayerZero (ZRO) Jumps 10.55% to $2.12 as 83% of Volume Flagged as Wash Trading
 Markets · Oct 6
Render (RENDER) Jumps 10.7% to $2.17 on CEX Outflows, but 90% of Volume Is Wash Trading
 Markets · Sep 28
Quant (QNT) Jumps 54.89% to $187.02, but 77.4% of Volume Is Wash Trading