Crypto KOL: Sahara's unusual price drop last night was due to the liquidation of its active market makers.
On November 30, according to KOL Crypto Fearless, the price of SAHARA plummeted abnormally due to the recent liquidation of an active market maker.
Insiders analyzed that this active market maker operated multiple well-known projects including MMT and SAHARA. Later, this market maker was found by the trading platform to have abnormal market making in one project, and subsequently all associated addresses/accounts of this market maker were investigated and their positions were restricted. The final positions were risk-controlled, leading to last night’s sharp decline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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