TechFlow news, June 14 — According to on-chain data analyst AI Aunt (@ai_9684xtpa), address 0x364...f18e9 withdrew bilateral liquidity of 1.29 million ZKJ and 8,667 KOGE from OKX at 21:49, followed by immediate selling:
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Sold a total of $3.1 million worth of ZKJ at two time points, 21:21 and 22:05;
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Sold $550,000 worth of KOGE at 21:20.
AI Aunt analyzed: "We can see ZKJ’s trading volume spiked sharply at 21:21 (to $12.73 million). The subsequent 15-minute decline may have been caused by LPs panic-exiting or dumping, as ZKJ’s LP range is typically extremely narrow and highly sensitive to price fluctuations. A similar situation occurred again at 22:05. KOGE, being clearly tied to ZKJ, was also affected correspondingly despite the relatively small sell-off amount.
ZKJ and KOGE, usually stable, both briefly dropped 3% simultaneously, with this address likely being one of the main driving forces."
