PANews|Dec 02, 2025 09:24
[Sahara Discloses Preliminary Investigation on Recent Token Volatility: No Abnormalities with Market Makers, Contract Security Unaffected]
Sahara stated that the rumors circulating in the market about 'abnormal operations by market makers' are untrue. The current designated market makers for SAHARA are Amber Group and Herring Global. Upon verification, neither party has identified any abnormal behavior. The official team also emphasized that the SAHARA token smart contract remains completely secure and unchanged, with token management and custody rights still fully controlled by the Sahara Foundation.
Sahara's preliminary investigation indicates that the sharp price fluctuations this time were primarily caused by large-scale perpetual contract liquidations and a significant concentration of short positions during the event. Meanwhile, the team is maintaining direct communication with relevant exchanges and will disclose further verified information as it becomes available.
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