[Sahara AI: SAHARA Price Volatility Confirmed to Be Caused by Contract Liquidation Cascade, Not Team or Market Maker Sell-Off] Foresight News reports that Sahara AI has released a detailed update regarding the recent abnormal fluctuations in the SAHARA token. The official statement confirms that tokens held by the team and investors have not been sold or transferred; designated market makers Amber Group and Herring Global operated normally during the event; all smart contracts remain secure, and token management rights are still controlled by the Sahara Foundation. Analysis indicates that the price crash was primarily triggered by a liquidation cascade in the contract market. Over the past three weeks, leveraged long positions had been accumulating, reaching historical highs as the token unlocking window approached. On June 9, selling pressure triggered a chain of liquidations, with forced liquidation amounts on exchanges peaking at $992,000 per second. Contract prices plummeted 64% within 5.5 minutes, with over $60 million in contract orders executed within 30 minutes. The rapid decline in contract prices caused a significant discount compared to spot prices, which in turn drove down spot prices. The official statement noted that they are still working with exchanges to investigate the initial trigger of the selling pressure and will subsequently release the final investigation results along with specific measures to strengthen token protection. Additionally, the large on-chain transfers observed during the event were pre-planned cross-chain bridge (ETH and BNB Chain) liquidity replenishment operations and are unrelated to this incident.