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KOL Disclosure: Last night's abnormal price plunge of SAHARA was due to its primary liquidity provider being liquidated.
BlockBeats News, November 30th, according to Crypto Fearless, last night SAHARA's price experienced an abnormal plunge due to the recent liquidation of a particular active market maker.
Insiders analyzed that the market maker was trading in several well-known projects including MMT, SAHARA, and others. Subsequently, this market maker was flagged by the exchange due to abnormal market making activities in one project. Following this, all associated addresses/accounts of this market maker were identified, investigated, and had their activities restricted. Ultimately, their positions were liquidated under risk control, leading to the crash last night.
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