Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Polyhedra Co-founder: On the day of the crash, there was almost no USDT liquidity in the KOGE/USDT pair, only KOGE

Polyhedra Co-founder: On the day of the crash, there was almost no USDT liquidity in the KOGE/USDT pair, only KOGE

金色财经金色财经2025/06/17 01:28
Show original

According to Jinse Finance, after KOGE project representative @48ClubIan blocked Polyhedra co-founder Tiancheng Xie, the latter once again questioned the KOGE team, stating that on the day of the sharp drop, there was hardly any USDT liquidity in the KOGE/USDT pair—only KOGE. The KOGE team shifted all the selling pressure to the ZKJ/USDT pair via ZKJ/KOGE, resulting in ZKJ absorbing tens of millions of dollars in sell pressure.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Investors reportedly offering Anthropic allocation shares at premiums of up to 5% ahead of its IPO

According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.

华尔街见闻•2026/11/10 23:03

Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.

On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.

华尔街见闻•2026/11/10 23:01
Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.