Sahara officially denies that the abnormal token plunge was caused by market makers being liquidated

Jinse Finance reported that according to the official statement from Sahara AI, the market rumor that "the abnormal price plunge of SAHARA on November 29 was caused by market makers being liquidated" is false information. Amber Group and Herring Global are the designated market makers for SAHARA, and it has been confirmed that neither company has exhibited any abnormal behavior. Currently, all SAHARA token smart contracts remain secure, and token management and custody are fully handled by the foundation. The foundation stated that, based on the data currently available, the sharp price fluctuations were mainly driven by a large number of perpetual futures liquidations and a significant amount of short positions during the event. The full situation is not yet known, and more confirmation is being awaited.