Analysis: Tonight's ZKJ and KOGE flash crash may be a long-planned harvesting operation

Odaily Planet Daily News: According to an analysis by @ai_9684xtpa, tonight ZKJ and KOGE's sudden crash might be a premeditated harvesting operation. Three main addresses targeted the massive trading volume and liquidity of two tokens under the Binance Alpha background, causing ZKJ and KOGE to collapse through the dual pressure of "large-scale liquidity withdrawal + continuous selling", with no exceptions. 1. Address 0x1A2...2759920:28:21 and 20:33:15 withdrew liquidity in two stages: 61,130 KOGE (approximately $3.76 million) and 273,017 ZKJ (approximately $532,000) 20:28:58 - 20:36:57 exchanged 45,470 KOGE to ZKJ, valued at $3.796 million, during which KOGE's on-chain transaction volume significantly increased 20:30:57 - 20:59:49 sold 1.573 million ZKJ for USDT and BNB in batches, valued at $3.052 million, with an average selling price of $1.94 At this point, KOGE and ZKJ experienced slight step-like declines but did not crash. 2. Address 0x078...8bdE720:30:33 withdrew liquidity of 33,651 KOGE (approximately $2.07 million) and 709,203 ZKJ (approximately $1.38 million) 20:31:10 - 20:58:18 exchanged 36,814 KOGE to ZKJ, valued at $2.26 million 20:35:15 - 20:37:34 sold 1 million ZKJ, valued at $1.948 million, with an average selling price of $1.948 This address's "relay-style dumping" finally triggered a rapid decline in KOGE's price, resulting in the consecutive large red candles everyone saw. 3. Address 0x6aD...e2EBb20:41:55 received 772,759 ZKJ from address 0x078...8bdE7 (the previous dumping address), valued at $1.5 million 20:42:28 - 20:50:16 liquidated 772,000 ZKJ The third address's main role was to cooperate, further catalyzing ZKJ's decline after KOGE's price crash, completing the harvesting of both tokens' LP and token holders.