$BNB #BinanceAplha According to analysis from KOL ai_9684xtpa, the flash crash of ZKJ and KOGE on the evening of June 15 may have been a pre-scripted "organized sell-off" plan. Three main addresses coordinated to execute "withdraw liquidity + mass sell-off", causing these two tokens to crash respectively:

1. Address 0x1A2...27599 (The initiator)

  • 20:28 - 20:33: Withdrew 61,130 KOGE (~3.76 million USD) and 273,017 ZKJ (~532,000 USD) from the liquidity pool.

  • 20:28 - 20:36: Swapped 45,470 KOGE (~3.796 million USD) for ZKJ, creating fake buying pressure on KOGE.

  • 20:30 - 20:59: Gradually sold1.573 million ZKJ for USDT & BNB (~3.052 million USD), average price$1.94.
    ➡️Result: KOGE & ZKJ slightly decreased but did not crash.

2. Address 0x078...8bdE7 (The price downward pusher)

  • 20:30: Withdrew 33,651 KOGE (~2.07 million USD) and 709,203 ZKJ (~1.38 million USD) from the pool.

  • 20:31 - 20:58: Swapped 36,814 KOGE (~2.26 million USD) for ZKJ.

  • 20:35 - 20:37: Sold1 million ZKJ (~1.948 million USD), average price$1.948.
    ➡️Result: KOGE beganto drop sharply, ZKJ under pressure.

3. Address 0x6aD...e2EBb (The one completing the sale)

  • 20:41: Received 772,759 ZKJ (~1.5 million USD) from address 0x078...8bdE7.

  • 20:42 - 20:50: Sold all772,759 ZKJ, pushing ZKJ into the crash zone.
    ➡️Result: ZKJ dropped sharply alongside KOGE, completing the "organized run".

Overall assessment

  1. Liquidity withdrawal strategy (LP Removal):

    • These addresses withdraw liquidity before selling, causing the market to lose liquidity and become easily manipulatable.

  2. Staged Dumping:

    • Don't sell all at once but break the orders into smaller parts to avoid early detection.

  3. Create Fake FOMO (Fake Swap Volume):

    • Use a portion of KOGE to buy ZKJ to create the illusion of buyers, then sell out in larger volumes.

🔹 Who are the victims?

  • Retail investors buying at the peak.

  • LP providers (liquidity providers) lost value due to the token crash after withdrawing liquidity.