According to Lookonchain, on-chain data revealed that prior to the ZKJ crash, numerous wallets began removing liquidity from both ZKJ and KOGE pools. Traders were observed exchanging KOGE for ZKJ and then rapidly dumping ZKJ, contributing to the price decline (source: Lookonchain via Twitter, June 15, 2025). These liquidity movements served as early warning signs for active traders, indicating potential volatility and increased risk in both ZKJ and KOGE markets. Monitoring such wallet activity can provide valuable insights for short-term trading strategies during periods of market instability.