RUG PULL POLY HEDRA #ZKJ
Yesterday, 15/06/2025, Token $ZKJ dropped 87%, from 2.00 USD to 0.25 USD in 24 hours, with liquidations of 99 million USD on Binance.
- Suspected rug pull: Internal wallets (including 0x558e6b) liquidated 40 million USD, combined with the unlocking of 15.53 million $ZKJ, causing a liquidity crisis.
- The event occurred on the day, shocking the crypto community. Detailed analysis
- Over 99 million USD was liquidated, mainly on the ZKJ/USDT pair.
- In addition, the unlocking event of 15.53 million $ZKJ led to a sudden increase in supply, resulting in selling pressure and liquidity crisis, consistent with on-chain data from 15/06/2025.
- There was no trading volume before the price drop, suggesting the price was artificially suppressed in preparation for a sell-off.
- 0x558e6b sold 40 million USD $ZKJ, while 6 whale wallets sold 5.23 million $ZKJ (9.66 million USD), supporting the hypothesis of coordinated selling.
- This is an intentional exit plan, with large wallets withdrawing liquidity before the price collapse.
