Polyhedra injected $30 million in liquidity to support the ZKJ token during Polyhedra's crash in June 2025, but most of it was converted into ZKJ as the price continued to fall

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Polyhedra argued that it tried to help support the price drop by adding $30 million in liquidity during the crash, but most of it was converted to ZKJ as the price fell. The price drop also came just days before 15.53 million ZKJ tokens were set to unlock on June 19.