According to Lookonchain, a sharp liquidity pull and aggressive selling activity triggered a significant price decline for ZKJ, resulting in a wave of liquidations that saw six traders each lose more than $1 million on long positions. This event has heightened volatility and risk sentiment across the crypto market, making ZKJ a key focus for short-term traders and increasing attention on liquidation cascades in high-leverage environments (Source: Lookonchain, June 15, 2025).

According to @ai_9684xtpa, both ZKJ and KOGE experienced a sudden 3% price drop following significant sell-offs linked to address 0x364...f18e9. At 21:49, this address withdrew 1.29 million ZKJ and 8,667 KOGE from OKX liquidity pools, then executed large sales. Specifically, $3.1 million worth of ZKJ was sold between 21:21 and 22:05, and $550,000 of KOGE was sold at 21:20. These aggressive moves triggered rapid declines in both tokens, highlighting liquidity vulnerabilities and the impact of large holders on short-term market stability. Traders should monitor on-chain activity and liquidity pool shifts for ZKJ and KOGE to anticipate further volatility. (Source: @ai_9684xtpa, Twitter)