PANews reported on June 17 that according to an official announcement from Polyhedra, the ZKJ token plummeted by more than 85% on June 15. Preliminary investigations pointed out that itPANews reported on June 17 that according to an official announcement from Polyhedra, the ZKJ token plummeted by more than 85% on June 15. Preliminary investigations pointed out that it

Polyhedra releases preliminary incident report: The crash was caused by a chain reaction caused by a coordinated liquidity attack on the chain

2025/06/17 07:41

PANews reported on June 17 that according to an official announcement from Polyhedra, the ZKJ token plummeted by more than 85% on June 15. Preliminary investigations pointed out that it was a chain reaction caused by a coordinated liquidity attack on the chain. Multiple addresses quickly dumped ZKJ after large withdrawals from PancakeSwap, causing an imbalance in the price of the KOGE/ZKJ pool. At the same time, Wintermute transferred a large amount of about 3.39 million ZKJ to the centralized exchange (CEX) in a short period of time, exacerbating the selling pressure. More than $94 million in forced liquidation occurred in CEX, further triggering a waterfall-like decline. Polyhedra said that the team did not sell ZKJ, but only participated in liquidity provision, and will release a more detailed analysis later.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

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Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
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BitcoinEthereumNews2025/09/18 08:42