ChainCatcher news, according to @pandajackson42's data dashboard, on June 15th, Binance Alpha's trading volume continued to fall below the $1 billion mark, reporting $777 million, a continuous decline since June 8th.Yesterday, ZKJ trading volume was $417 million, KOGE trading volume was $91.72 million, and AB trading volume was $65.69 million, leading the list.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, the flash crash of ZKJ and KOGE tonight may have been a long-planned harvesting operation. Three main addresses applied dual pressure through "large liquidity withdrawals + continuous selling," causing ZKJ and KOGE to crash in succession:Address 0x1A2...27599Withdrawn 61,130 KOGE (approximately $3.76 million) and 273,017 ZKJ (approximately $532,000) in two transactions at 20:28:21 and 20:33:15.Converted 45,470 KOGE to ZKJ between 20:28:58 and 20:36:57, worth $3.796 million, during which KOGE's on-chain transaction volume saw a significant increase.Sold 1.573 million ZKJ for USDT and BNB between 20:30:57 and 20:59:49, worth $3.052 million, with an average selling price of $1.94.At this point, both KOGE and ZKJ experienced slight stepwise declines but did not crash.Address 0x078...8bdE7Withdrew 33,651 KOGE (approximately $2.07 million) and 709,203 ZKJ (approximately $1.38 million) at 20:30:33.Converted 36,814 KOGE to ZKJ between 20:31:10 and 20:58:18, worth $2.26 million.Sold 1 million ZKJ between 20:35:15 and 20:37:34, worth $1.948 million, with an average selling price of $1.948.The "relay-style dumping" from this address finally pushed the price of KOGE to drop rapidly.Address 0x6aD...e2EBbReceived 772,759 ZKJ, worth $1.5 million, transferred from address 0x078...8bdE7 (the previous dumping address) at 20:41:55.Cleared out 772,000 ZKJ between 20:42:28 and 20:50:16.The third address mainly played a supporting role, further catalyzing the decline of ZKJ after the crash of KOGE, completing the harvesting of both tokens' LP and holders.Finally: The three addresses mentioned here are the main driving addresses, and in fact, more "supporting addresses" at the level of hundreds of thousands of dollars have been identified, but they will not be elaborated on here, as the dumping methods are similar.

ChainCatcher news, according to RootData market information, AERGO has dropped over 52% in the last 24 hours, currently priced at $0.2027.

ChainCatcher message, Binance's official announcement states that it has noticed significant price fluctuations in the MANTRA token OM. Preliminary investigations reveal that the fluctuations over the past day were primarily triggered by cross-exchange liquidations.Since October of last year, Binance has implemented several risk control measures for the OM token, including reducing leverage levels. Binance will continue to monitor leverage levels and make adjustments based on market conditions to strengthen risk control and help reduce volatility.Since January of this year, Binance has also enabled pop-up notifications on the spot trading page for OM, reminding users that the token's economic model has undergone significant changes and that the supply has increased.Binance will continue to closely monitor the situation and take appropriate actions to protect user interests and maintain the stability and fairness of the platform.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector has experienced a widespread decline. Notably, the native token of MANTRA, OM, has plummeted by 85.56%, leading to a 24-hour drop of 44.93% in the RWA sector. The official response from MANTRA stated that the decline was caused by "disorderly liquidation" rather than the actions of the project team. Meanwhile, the cryptocurrency sector index reflecting the historical market performance shows that the ssiRWA index has dropped by 48.90% in the last 24 hours.Additionally, Bitcoin (BTC) has decreased by 1.41% in the last 24 hours, briefly falling below $84,000. Ethereum (ETH) is down by 0.25%, but remains above $1,600.In other sectors, the PayFi sector has dropped by 1.12% in the last 24 hours, while Bitcoin Cash (BCH) and Litecoin (LTC) have risen by 6.18% and 2.12%, respectively. The Layer1 sector has decreased by 1.47%, with TRON (TRX) rising against the trend by 4.18%. The CeFi sector has fallen by 1.65%, and the Meme sector has dropped by 1.82%, although Pepe (PEPE) has shown resilience, increasing by 3.39% in 24 hours. The Layer2 sector has decreased by 2.92%, and the DeFi sector has fallen by 3.05%, but Uniswap (UNI) and Sky (SKY) have risen by 2.20% and 2.54%, respectively.

ChainCatcher news, Zhao Changpeng suggested investors on platform X this morning after the drop of OM, "Do not chase narratives. Stick to the fundamentals: projects with users, revenue, and profit." In response to the community's concerns about "the flash crash of OM, whether Binance has conducted proper due diligence," Zhao Changpeng reiterated that CEX should no longer have a listing process, and investors should decide on their own trading pairs.

ChainCatcher news, encrypted KOL and former FTX community partner Benson Sun analyzed in a social media post, "Today at 18:30, ACT suddenly crashed by 50%. The reason is that Binance adjusted the leverage position limit for ACT, allowing a maximum of $4.5 million in positions with 1x leverage. Some market makers' positions exceeded the limit and were directly liquidated at market price. After the contract price collapsed, there was a huge price difference with the spot market, causing the spot market to crash as well.Binance announced the change at 15:32 on April 1, with an effective time of 18:30 on April 1, giving users less than 3 hours to react. Even more outrageous is that Binance had already announced a modification to the ACT position limit on March 31, and on April 1, they cut the position limit for low leverage by another 50%.Before modifying the rules, Binance should assess how many positions would be liquidated. If there are large positions from market makers, they should also be notified in advance. As an industry leader, we hope Binance can handle this incident properly."

ChainCatcher news, hailed as the prophet of Wall Street, the renowned bull Ed Yardeni, president of Yardeni Research Inc., has recently shown a subtle shift in his view on the U.S. stock market. This staunch bull, who once predicted that the S&P 500 index would soar to 7,000 points, now states, "We cannot rule out the possibility that a bear market may have quietly begun."He further pointed out, "Trump's Tariff 2.0 could trigger a rare lightning crash similar to those in 1962 and 1987. Such crashes typically occur quickly and reverse just as swiftly, thus providing investors with a buying opportunity, especially for those stocks that are overvalued but have recently declined." Notably, Yardeni has raised the likelihood of a U.S. economic recession and the stock market entering a bear market from the previous 20% to 35%, and has lowered the probability of a bull market continuing into 2025 from the previously expected 80% to 65%.

ChainCatcher message, around 22:30 on November 23, the WBTC/USDT trading pair on Binance experienced a flash crash, with the price briefly dropping to $5209 before quickly returning to normal levels. The 15-minute trading volume surged from less than 1 WBTC daily to 88.6 WBTC.

ChainCatcher news, Kryptanium Capital co-founder Daniel Yan posted on social media that a 5% flash crash in a bull market is quite healthy, which is not surprising. What is truly surprising is that BTC.D (Bitcoin dominance) has fallen alongside BTC for the first time in a long time, indicating that the altcoin season is really approaching.