The post Coordinated Liquidity Pulls Trigger Token Flash Crash – Coincu appeared on BitcoinEthereumNews.com.

Key Points: The orchestrated crash of ZKJ, KOGE tokens impacted liquidity and market values. Three key addresses executed targeted transactions. Market prices and Total Value Locked (TVL) plummeted swiftly. ZKJ and KOGE tokens faced a coordinated liquidity attack, leading to their flash crash on June 15, as reported by crypto analyst ai_9684xtpa. This incident highlights vulnerabilities in DeFi token ecosystems and market reactions to large-scale liquidity withdrawals. Coordinated Transactions by Three Addresses Cause Token Collapse The flash crash unfolded when three main Ethereum addresses orchestrated large withdrawals and sales of ZKJ and KOGE tokens. According to BlockBeats News, addresses 0x1A2…27599 and 0x078…8bdE7 initiated these strategies, withdrawing millions in liquidity and executing extensive swaps, contributing to the crash. Continued impacts include notable declines in ZKJ and KOGE prices and immediate drops in trading volumes. Both tokens experienced significant losses in Total Value Locked, reflecting the broader implications of coordinated withdrawals and sales activity. Both ZKJ and KOGE tokens experienced a severe flash crash … orchestrated through a coordinated effort by three major addresses … executing large-scale liquidity withdrawals combined with continuous heavy selling. This dual pressure resulted in the sequential collapse of both ZKJ and KOGE tokens, with neither escaping the market impact. No official updates from the projects involved have emerged, indicating broader concerns about market stability during such events. Price Data Reveals 82.87% Drop in ZKJ Value Did you know? The flash crash of ZKJ and KOGE replicates past patterns of heavy sell-offs seen in the DeFi sector, where orchestrated liquidity pulls create rapid token price declines similar to those in meme coins and low-liquidity tokens. The ZKJ token, currently valued at $0.34, saw an 82.87% drop in the last 24 hours. Its trading volume is $2.41 billion, down 26.30%. Despite a circulating supply of 292,861,111, ZKJ’s market cap…

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Filed under: News - @ June 15, 2025 9:20 pm