$ZKJ plummeted by over 63%, with more than $99M liquidated.
What happened — and who triggered the crash?
Before the $ZKJ crash, many wallets had already started to remove liquidity from $ZKJ and $KOGE, exchanging $KOGE for $ZKJ and dumping $ZKJ.
Six whale wallets sold 5.23M $ZKJ for $9.66M.
The liquidity pull and aggressive selling triggered a price drop, causing a wave of liquidations for $ZKJ longs.
Six traders were each liquidated for over $1M.
In the past 4 hours alone, over $99M in liquidations occurred on $ZKJ—accounting for 81.3% of all crypto liquidations.
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