The recent flash crash of ZKJ and KOGE tokens has shocked the crypto community, especially since both are tied to Binance’s Alpha Points program. The latest data suggests the ZKJ and KOGE incidents serve as a lesson on liquidity concentration risks and the role of “whales” in the market. What Sparked the Sudden Meltdown in ZKJ and KOGE Tokens? Polyhedra confirmed that the flash crash‘s origin and progression stemmed from abnormal on-chain transactions. Polyhedra is closely monitoring the ZKJ/KOGE trading pair, which has experienced unusual on-chain activities quickly
source: https://beincrypto.com/zkj-koge-crash-liquidity-risks-manipulation/