The ZKJ coin experienced a significant fall of over 85% on June 15, and initial investigations indicated that it was the result of an attack on the liquidity coordination on-chain. Several addresses withdrew large amounts from PancakeSwap and then sold ZKJ, leading to price distortions, while at the same time, Wintermute increased the sell wall by transferring large quantities of ZKJ, ultimately triggering liquidations exceeding 94 million Dollar. The Polyhedra team reported that they did not sell ZKJ and will release a more detailed analysis in the future.#Unlock High Yields with BTC Staking #Michael Saylor Hints Buying More BTC SOL ETF Updates #Unlock High Yields with BTC Staking #Michael Saylor Hints Buying More BTC
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The ZKJ coin experienced a significant fall of over 85% on June 15, and initial investigations indicated that it was the result of an attack on the liquidity coordination on-chain. Several addresses withdrew large amounts from PancakeSwap and then sold ZKJ, leading to price distortions, while at the same time, Wintermute increased the sell wall by transferring large quantities of ZKJ, ultimately triggering liquidations exceeding 94 million Dollar. The Polyhedra team reported that they did not sell ZKJ and will release a more detailed analysis in the future.#Unlock High Yields with BTC Staking #Michael Saylor Hints Buying More BTC SOL ETF Updates #Unlock High Yields with BTC Staking #Michael Saylor Hints Buying More BTC