币界网报道:According to @ai_9684xtpa's analysis, the most important reason for smashing KOGE first and then ZKJ may be that ZKJ has a contract, and they can smash the market on the chain at the same time by opening a short position on the exchange; secondly, from the perspective of liquidity, ZKJ's liquidity will be better, and it will cost more money to smash the market; The LP ranges of ZKJ and KOGE are extremely narrow. After a large number of smashes through this range, there will be insufficient funds to undertake the sell orders, and a flash crash will inevitably occur. When LP sees the price of the currency falling, they will also flee in panic, and the vicious cycle will cause the price of the currency to collapse further; it is speculated that the decline in Alpha's trading volume for several consecutive days may be the cause, and the exit of a large number of LPs is also a game of "running fast".