Crypto KOL: Sahara's unusual price drop last night was due to the liquidation of its active market makers.

Bitget App

Trade smarter

Bitget

News

Markets

Crypto KOL: Sahara's unusual price drop last night was due to the liquidation of its active market makers.

Cointime2025/11/30 19:42

By:Cointime

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.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Tether CEO Paolo Ardoino criticized S&P's USDT downgrade, claiming the agency misunderstands its financial model and traditional finance resists innovation. - S&P cited USDT's 5.6% Bitcoin exposure (exceeding its 3.9% buffer) and insufficient reserve transparency as risks to stability, warning of undercollateralization during asset declines. - Tether defends its $181.2B reserves and zero "toxic" assets, while critics highlight a 3.7% equity cushion and potential insolvency if Bitcoin/gold drop 30%. - Chi

Bitget-RWA•2025/11/30 20:38