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Don't remind me again today

Last night I saw $SAHARA suddenly Plummet, and today I finally understood the reasoning behind it.



According to insider news, the institution responsible for making markets for SAHARA recently crashed. This MM is involved in more than just the SAHARA project, having previously managed several others like $MMT. The problem arose from the market-making data of a certain project being too outrageous, which caught the attention of the platform's risk control system.

What's even harsher is that the platform traced all the associated addresses and accounts of this MM and directly froze the holdings. With the positions locked, they couldn't maintain the price normally, and SAHARA's market collapsed.

To be honest, this has sounded the alarm for the entire market-making industry - if the data is too fake, something will eventually go wrong. As for which specific institution, those who understand know.
SAHARA3.87%
MMT4.65%
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OffchainWinnervip
· 12-01 17:17
Wow, this is the truth behind yesterday's SAHARA dumping, I thought it was BTC plummeting.
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AirdropBuffetvip
· 11-30 16:52
It's the market makers causing trouble again, I'm really fed up with it, sooner or later they'll crash.
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StableGeniusvip
· 11-30 16:46
saw this coming from a mile away, tbh. every time a MM gets too comfortable with their fake volume numbers, the math eventually catches up. platform's risk engine did what it should've done months prior, but hey... better late than never i guess
Reply0
FUD_Vaccinatedvip
· 11-30 16:45
The data is too fake and still holding on, it will be caught sooner or later. --- So, the market making is at this level, once the Position is frozen, it's game over. --- Those who understand know, this wave is bound to crash. --- MM's crash affects SAHARA, and the ones hurt are still the retail investors... --- This operation is amazing, risk control directly takes out all accounts. --- Again, market making data falsification, it's the old trick. --- The question is, will other MMs have similar issues? --- Position being locked, even the strongest MM is useless. --- This reminds us to be wary of those coins with data that is too perfect. --- The platform is ruthless, following the leads and digging everything out.
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BearMarketNoodlervip
· 11-30 16:31
The data is too fake; it will eventually backfire, this time it's a karmic retribution.
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DYORMastervip
· 11-30 16:25
Oh no, this is it, the market maker's crash has dragged down the entire market, I've noticed that this MM's data has been off for a long time.
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