ZK Token Price Drops 5% as $113 Million zkSync Airdrop Triggers Massive Sell-Off

The recent decline in ZK’s price by 5% has been attributed to a significant sell-off triggered by a $113 million zkSync token airdrop. Market data and analytics provide insights into the multitude of sell-offs and the ensuing market fluctuations. Notable quotations and data reveal nearly 40% of recipients sold their entire ZK allotment, influencing market