Sahara AI officials stated that the market rumor "the abnormal sharp drop in SAHARA price on November 29 was caused by market makers being liquidated" is false news. Amber Group and Herring Global are designated market makers for SAHARA, and it has been confirmed that neither company exhibited any abnormal behavior.
Currently, the 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 drastic price fluctuations were mainly driven by a large number of perpetual futures liquidations and substantial short positions during the event. The full situation has not yet been grasped, and more confirmation information is awaited.
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