Binance today banned a large batch of accounts that were manipulating the market, with 32,000 accounts exposed (more than 6 connected).

This accounts for almost 50% of active users receiving airdrops.

Now Alpha should be safe from this mess.

However, there is a way to get unbanned: deposit $10,000, and if your account balance is greater than $10,000, the witch account can be considered a real user.

In this wave, I stand with Binance!

The method of manipulating the market is fundamentally aimed at saving on transaction fees and utilizing account balances.

With a single transaction of $8,000, once an account is used, the amount is immediately transferred to the next account. When calculating trading volume for the KOGE/ZKJ trading pair, whether buying or selling, it is counted, while normal users only count once for a buy and sell.

By just executing the operations, transaction fees are reduced by half.

Using $8,000 to manipulate the market greatly reduces both time and transaction costs.

There are still many accounts operating independently without connections, but this can be seen as independent accounts not affected by the witch.

In the crypto world, banning witches is a sign of progress in the industry.