金色财经|Dec 02, 2025 09:32
[Sahara Officially Denies 'Token Plunge Caused by Market Maker Liquidation']
According to a report by Jinse Finance, Sahara AI officially stated that the market rumor claiming 'the abnormal price plunge of SAHARA on November 29 was caused by market maker liquidation' is false information. Amber Group and Herring Global, designated market makers for SAHARA, have confirmed that neither company has exhibited any abnormal behavior.
Currently, SAHARA token smart contracts remain secure, and token management and custody are entirely handled by the foundation. The foundation stated that, based on the data currently available, the sharp price fluctuations were primarily driven by a large number of perpetual futures liquidations and significant short positions during the event. Full details are not yet available, and further confirmation is awaited.
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