STRK's 42% Drop: Flow Metrics Suggest Seller Exhaustion

STRK's price action has been brutal. The token is down 42% over the past month and has slid nearly 17% in a single week. This sharp drop has pulled the price to all-time lows, creating a stark contrast with the project's underlying development momentum.

On-chain data reveals a clear cause: a sizeable wave of selling. Metrics show a sizeable wave of STRK selling in recent weeks, with the Age Consumed metric spiking as tokens moved after long idle periods. This activity signals heavy profit-taking, likely from holders who had accumulated during earlier rallies.

Yet the project's fundamentals remain active. Despite the price collapse, Starknet maintains high 30-day developmental activity, ranking 10th for active weekly users among Layer 2 blockchains. This divergence between on-chain selling and sustained development is a key tension for the token's recovery.

Flow Metrics Suggest Weakening Selling

Age Consumed metric remains a key signal of large seller exits. Recent spikes in this flow indicator show a significant amount of STRK changing hands after long idle periods, a pattern that typically signals heavy profit-taking from early investors or accumulated positions. This activity has been a direct driver of the token's sharp price declines.

Yet there are signs the selling wave may be exhausting. The 365-day mean coin age metric, which tracks the average age of tokens in circulation, has begun to rise again after a recent plunge. A sustained ascent in this measure indicates fewer old, potentially distressed tokens are being sold, which could signal strengthening holder conviction. If this trend continues, it would suggest the worst of the selling pressure is behind the token.

This shift coincides with recent price action. STRK rose 9.12% in 24 hours, closely tracking a broad market rally. That move was driven by a macro shift in sentiment, as the total crypto market surged on reports of heavy institutional buying. The price pop was a beta-driven bounce, not a Starknet-specific catalyst, but it provides a temporary floor for the token as flows stabilize.

Watch for Confirmation of Seller Exhaustion

The key signals to watch are sustained low Age Consumed levels and a rising 365-day mean coin age. These metrics together would confirm that the wave of heavy profit-taking from idle tokens is indeed exhausting. A continued ascent in mean coin age, in particular, would signal strengthening holder conviction and less selling pressure from long-term accumulators.

The price's path hinges on whether institutional flows into the broader crypto market sustain. The recent 9.12% bounce was a classic beta-driven move, closely tracking a 9.1% surge in the total crypto market fueled by reports of heavy institutional buying. That move provided a temporary floor, but STRK's recovery is now dependent on the market holding these gains.

For near-term price direction, monitor these key technical levels: the $0.048 support and the $0.055 resistance. A sustained break above the resistance would signal stronger bullish conviction, while a decisive drop below support could trigger a retest toward $0.045.