According to on-chain analyst @ai_9684xtpa, the usually stable ZKJ and KOGE experienced a short-term decline of 3% between 21:20 and 22:05 today, possibly due to the liquidity withdrawal and continuous selling behavior from address 0x364...f18e9.
At 21:49, this address withdrew 1.29 million ZKJ and 8,667 KOGE in bilateral liquidity, subsequently:
Selling approximately 3.1 million dollars' worth of ZKJ cumulatively at 21:21 and 22:05;
Selling approximately 550,000 dollars' worth of KOGE at 21:20.
ZKJ's instantaneous trading volume surged to 12.73 million dollars at 21:21, triggering a continuous decline within 15 minutes, possibly caused by LP panic exits leading to a chain reaction; a similar situation also occurred at 22:05. KOGE, being closely tied to ZKJ, although the selling amount was not large, also suffered a setback.