The general situation is that Koge and ZKJ together created a large pool for everyone to trade. Koge suddenly switched to ZKJ without any warning, causing Koge to plummet, and then ZKJ was crashed to U, leading to a significant drop in ZKJ... Koge's large holders became the only winners.

Additionally, what's even more interesting is that this wave 'coincidentally' caused massive long positions on Bybit to be liquidated, which amounted to 100M. The counterparties of this long position made a fortune; who is that unlucky guy? And who is that lucky one...