Binance: The plummet of ZKJ and KOGE is due to large holders withdrawing on-chain liquidity and cascading liquidations

June 16: Based on the data from litangdingzhen.me, in the latest Alpha (F) event on Binance, there were 29,745 users who met the threshold (at least 241 points). Among them, 20,180 users have already sold the airdrop tokens, and the average earnings per single account are around $50. This Alpha airdrop F distributed a total of 148,726,000 tokens, with 51,274,000 tokens remaining in Binance wallets. Each user received 5,000 tokens, and the potential additional distribution per account is calculated to be 1,141 tokens (approximately $11). The total value of the airdrop is $1,493,694. Note: The tokens remaining in Binance wallets are reserved for future events and are not completely linked to this airdrop activity.

On June 16th, according to HTX market data, JTO soared and exceeded $2.2. It is currently quoted at $2.206, with a 24-hour increase of 12%.

According to BlockBeats, on June 16th. Based on the monitoring of on-chain data analyst Yu Jin, trader AguilaTrades increased their long positions in the early morning. The current position is valued at $261 million, with a leverage of 20 times on 2,474 BTC. The entry price is $105,084 per BTC, the liquidation price is $99,849, and the unrealized profit is $1.28 million.

June 16: In order to maintain market fairness and stability and to reduce systemic risks resulting from excessive concentration, Binance will modify the calculation rules for Alpha Points. Commencing from 00:00 (UTC) on June 17, 2025, the trading volumes of trading pairs involving Alpha tokens will no longer be factored into the calculation of Alpha Points.

On June 16, according to Israeli media Yedioth Ahronoth, an Israeli official said that mediation efforts to bring an end to the conflict with Iran have already commenced. (Jin10)

BlockBeats reported on June 16 that Israeli Prime Minister Netanyahu said, "We possess intelligence suggesting that Iran is planning to assassinate President Trump."