Today's Biggest Crypto market crash ๐ฅ๐ฅ: ZKJ Crashes 84%๐ฅ, Big Players Dump ๐ค , Traders Lose Millions ๐ฐ!
Why?
๐ Crypto Market is very uncertain and volatile. Whales sold $9.7M ZKJ in 1 hour, crashing the price ๐ฐ๐ฉ.
๐ $99M in long trades got wiped out (liquidations). Many retail traders saw 80-90% of their investments vanish almost instantly during this crash ๐ฑ๐ฉ.
๐ $32 million worth of ZKJ tokens are set to unlock soon, creating fear that the selling pressure might continue.
๐ Top 10 holders control 68.6% and they can easily manipulate price ๐.
Result?
โญ Many retail traders lost "80-90%" of their money in hours.
โญ People sold the token in panic ๐๐ฒ๐ฏ made the situation more worse.
What next now๐ค?
๐ Might bounce back soon (oversold), but
risky with more unlocks coming. #
Be careful!
๐ง Always be careful while investing. Be safe, Play safe.