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Sahara disclosed the preliminary investigation results of its Token's recent Fluctuation, with no abnormalities from market makers, and the contract's security remains unaffected.
ChainCatcher news, Sahara released a tweet disclosing the preliminary investigation into the recent Fluctuation of its Token. Sahara stated that rumors circulating in the market about “abnormal operations by market makers” are not true. Currently, the designated market makers for $SAHARA are Amber Group and Herring Global, and after verification, neither party has found any abnormal behavior. The official also emphasized that the smart contracts of the $SAHARA Token remain completely secure and have not undergone any changes, with the management and custody rights of the Token still fully controlled by Sahara Foundation. Sahara's preliminary investigation shows that this drastic price Fluctuation is mainly caused by large-scale Perptual Futures liquidations and significant concentrations of short positions during the event. Meanwhile, the team is still in direct communication with related exchanges and will disclose further information after obtaining more verified details.