COINOTAG News, November 30, citing Crypto Fearless, reported that SAHARA‘s price endured a sharp late‑night drop amid the unwind of a large, active market maker‘s book. The move signaled a liquidity stress event as risk controls were triggered and positions liquidated, amplifying selling pressure on the token.
Analysts noted the market maker carried exposure across several notable tokens, including MMT and SAHARA. After the exchange flagged unusual market making in one project, related addresses were identified and restricted. Under the exchange’s risk governance framework, the firm’s positions were liquidated, contributing to the post‑event price move.
This episode underscores the importance of liquidity risk monitoring and surveillance in crypto markets. Strengthened oversight and disciplined risk controls can mitigate cascading moves, but traders should remain mindful of counterparty risk and token liquidity in volatile conditions.
Source: https://en.coinotag.com/breakingnews/sahara-price-plunge-after-market-maker-liquidation-and-abnormal-trading-flags-by-exchange
