Due to what caused the collapse #Polyhedra .
Before the crash #ZKJ many wallets began to withdraw liquidity from the ZKJ and KOGE pools, exchanging KOGE for ZKJ and selling ZKJ in the process.
Only six wallets sold 5.23 million ZKJ for $9.66 million.
Due to the decline in liquidity and aggressive selling, a wave of long liquidations followed for the ZKJ token.
In the first 4 hours, $100 million was liquidated, which accounted for 81.3% of all liquidations in the crypto market at that time.