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Analysis: Previously popular in the crypto community, the "ZKJ-KOGE low-slippage arbitrage" strategy may have laid the groundwork for this harvesting operation.

2025-06-15 22:18

BlockBeats News: On June 15, among the three main addresses participating in the ZKJ and KOGE farming action today:


Address 0x1A2...27599: During the period of 20:28:58 - 20:36:57, swapped 45,470 KOGE into ZKJ, worth $3.796 million, and subsequently sold off ZKJ;

Address 0x078...8bdE7: During the period of 20:31:10 - 20:58:18, swapped 36,814 KOGE into ZKJ, worth $2.26 million, and subsequently sold off ZKJ.


KOGE leveraged ZKJ to complete a liquidity exit, and prior to this, the crypto community had widely practiced the "low slippage ZKJ-KOGE wash trade" technique during the Binance Alpha airdrop event, which might have laid the groundwork for today's farming action.

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