SAHARA Token: Sahara AI Debunks Abnormal Liquidation Rumors and Points to Perpetual Futures Liquidations Behind Price Drop

COINOTAG News, December 2, reports that Sahara AI has publicly rebutted rumors that the SAHARA price fell abnormally on November 29 due to a liquidity provider liquidation, labeling the claims as unfounded. The narrative lacks verifiable evidence of a single exogenous event and warns readers against speculative commentary.

Amber Group and Herring Global—designated liquidity providers for SAHARA—have both confirmed they did not engage in any abnormal activity. The SAHARA token smart contract remains secure, and custody and on-chain management are fully entrusted to the foundation.

Preliminary data indicate the price swing was driven by a wave of perpetual futures liquidations and a surge in short positions, with the full picture still pending further verification. The foundation pledged ongoing transparency as additional confirmations emerge.