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Analyst: The continuous decline in trading volume of Binance Alpha for several days may be the incentive for KOGE and ZKJ to "smash the market" tonight

金色财经
金色财经|6月 15, 2025 15:04
According to a report by Golden Finance, on chain data analyst Ai Yi (@ ai_9684xtpa) has further analyzed tonight's KOGE and ZKJ flash crash events Why do we have to hit KOGE first and then ZKJ? The most important reason may be that ZKJ has contracts, and they can open short on the exchange to simultaneously smash on the chain; Secondly, from the perspective of liquidity, ZKJ's liquidity will be better, and smashing the market will require relatively more funds. Why did it start smashing at 8:30 and the performance of the two tokens on the K-line is delayed? ZKJ and KOGE are both well-known for their good liquidity and stable coin prices, so their LP ranges are extremely narrow. If a large number of them break through this range and do not have enough funds to take on sell orders, they will inevitably experience flash crashes. When LPs see a drop in coin prices, they will panic and flee, leading to a vicious cycle that further collapses the coin prices; What about those LPs who haven't run yet? I bought them all as ZKJ and KOGE condoms. Why did you choose to smash tonight? Ai Auntie speculates that the continuous decline in Alpha trading volume for several days may be the trigger, and the exit of the massive LP is also a "fast running" game, especially among ZKJ and KOGE holders who have fewer supporters and are all running towards interest. Therefore, the collapse of the building only requires the breaking of one load-bearing pillar.
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