While the sharp get dumped in ZKJ altcoin continues, a total position worth 103 million dollars has been liquidated.

In recent days, the altcoin that has caught attention is ZKJ, where the price drop cannot be stopped. According to data shared by the crypto analysis platform Lookonchain, a total of 103 million dollars worth of positions were liquidated due to the sharp price movements in the last 24 hours. Especially the approximately 90% drop in ZKJ has left investors utterly astonished.

When looking behind the scenes of the drop, it is seen that many large investors pulled liquidity from the ZKJ and KOGE pools before the drop. Following these moves, investors converting their KOGE tokens to ZKJ and quickly moving to sell became the main factor triggering the price collapse. During this process, six different large investors (whale) made a total sale of 5.23 million ZKJ, earning approximately 9.66 million dollars. #HotTopicDiscussion#