According to Ai 姨 (@ai_9684xtpa), the sequential sell-off of KOGE followed by ZKJ was primarily driven by the presence of derivatives contracts for ZKJ, enabling traders to short on exchanges while simultaneously selling on-chain. Additionally, ZKJ offers higher liquidity compared to KOGE, making downward price pressure on ZKJ require more capital commitment. The report also clarifies that while the sell-off started at 8:30, the price action on both tokens experienced a delay in their candlestick charts, likely due to on-chain transaction processing and exchange order book latency. Active traders should monitor liquidity pools and contract positions for both tokens to anticipate further volatility. (Source: @ai_9684xtpa, June 15, 2025)