The biggest event is that both ZKJ and KOGE plummeted by over 50%.

After browsing through Twitter, most people are posting about the crash, resignations, and alpha going offline, which feels rather meaningless.

To be honest, I previously focused solely on trading volume and didn't think much about risks, including not engaging in forming LPs for profit because I felt the returns were not worth the hassle.

But tonight's sudden flash crash made me realize that being in this market, one should think more about the reasons behind it.

I searched for keywords related to zkJ and koge, and found that someone had noticed a few days ago that the LP pools for these two tokens have been shrinking day by day.

The liquidity pool for these two tokens went from 5 million dollars yesterday to only 2 million dollars this afternoon.

Therefore, those with keen observation either avoided the risk in advance or made a profit through anticipation.