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Binance: The plummet of ZKJ and KOGE is due to large holders withdrawing on-chain liquidity and cascading liquidations

2025-06-16 00:59

According to BlockBeats, on June 16, Binance has observed significant price volatility in ZKJ and KOGE. Preliminary investigations indicate that this situation is primarily caused by large holders withdrawing on-chain liquidity and cascading liquidations in the market.

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