$ZKJ Breaking : Polyhedra Network's $ZKJ token plummeted over 80% on June 15, 2025, crashing from $1.90 to $0.30 within hours and liquidating more than $100 million in long positions.
Caused by -
1. 5.3% token unlock ($32M)
2. Six whale dumps (5.23M ZKJ sold for $9.66M) :
Ox6аD390b069316ca0877a039Acc
DC5e02beDe2EBb
0x0781325b3688714065b15C8d9fC
0d4827628bdE7"
Oxef78554c8384ad94e874D2b27A2
1085C45Dfb456
Oxb7Ba3Cf568224457814254C826
d7104a92169b3E
0x1A29375eE09B38AFAa23BeD65f
30C85230E27599
OxBdc0f711Bc1eB7C20feD017eA521
228cEA8A9912
3. Binance Alpha Farming liquidity drain.
4. manipulation via fake volume & coordinated exits.
No further updates from the team after their initial post, so we’ll just have to see how things unfold.
