ZKJ/KOGE Flash Crash Dark Secrets: 3 Addresses Team Up to Harvest $7 Million! Is Binance Alpha a Slaughterhouse for Retail Investors?
Full Process Review of the Harvest (High Energy Warning)
🕒 20:28-20:33 UTC
Address 0x1A2 Lightning Withdrawal:
Withdrawn $3.76 million KOGE + $532,000 ZKJ liquidity
Converted 45,470 KOGE to ZKJ (valued at $3.796 million)
Dumped 1.573 million ZKJ in batches (cash out $3.052 million)
💥 Chain Reaction
Address B followed up with a withdrawal of $2.07 million KOGE + $1.38 million ZKJ
Address C received 772,000 ZKJ and then liquidated to dump
Result: ZKJ/KOGE liquidity dried up, price crashed more than 90%
Withdraw liquidity → Concentrate firepower for swaps → Dump in batches → Coordinated addresses follow the dump
"This is not market volatility, but a textbook-level ambush" — On-chain Analyst