KOL reveals: Last night's abnormal price crash of SAHARA was caused by its active market maker being liquidated
BlockBeats News, November 30, according to KOL Crypto Fearless, the price of SAHARA experienced an abnormal plunge last night due to the recent liquidation of an active market maker.
According to insiders, this active market maker was operating several well-known projects, including MMT and SAHARA. Later, due to abnormal market making in one project, the market maker was discovered by the trading platform, after which all related addresses/account clusters of the market maker were identified and their positions were restricted. Ultimately, the positions were risk-controlled, which led 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.
You may also like
Tether Gold TVL in the RWA sector surpasses $2.2 billion
The total value locked in Optimism bridge surpasses 1 million ETH
Solana blockchain TVL is currently $8.948 billions.
