Crypto analyst Andrew 10 GWEI (@Andrey_10gwei) posted an analysis saying that Starknet development company StarkWare and its team have dumped at least 400 million STRK tokens into the market, accounting for 4% of the total supply. Andrew said it collected 14 addresses believed to belong to the StarkNet team because these addresses held a large number of tokens after TGE and transferred to CEX.
The analyst said that this is a conservative estimate and the actual number of sales may be higher, claiming that relevant evidence is being collected. Andrew 10 GWEI criticized the Starknet team as a "scam team" and a "maximum extractor", accusing Starknet CEO Eli Ben-Sasson of sending tokens to the order book while posting bullish Starknet posts.
Crypto Analyst Accuses Starknet Team of Selling 400 million STRK Tokens, 4% of Total Supply
2025-07-28 01:08:37
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