#数字货币市场回升 Last night, $SAHARA suddenly experienced a big dump. I just learned from an insider that it was because its main market maker was liquidated.
This market maker operates several projects simultaneously, with MMT and SAHARA being the key focus. The problem arose when one of the projects was improperly managed during market making and was targeted by the risk control system of a certain exchange. Once the exchange intervenes in the investigation, the efficiency is frighteningly high, quickly tracing back all associated addresses and account clusters of this market maker, and then unhesitatingly restricting their positions.
Once the position is restricted, the risk control mechanism triggers a chain reaction instantly. The liquidity of $SAHARA was almost drained overnight, and the price naturally couldn't hold up, directly plunging.
As for the specific identity of this market maker and the operators behind it, it is not convenient to disclose it at the moment. However, this issue indeed reflects a problem: when a market maker serves multiple projects at the same time, any single point of risk can potentially evolve into a systemic collapse. If one project encounters issues, other projects may follow suit, and this risk transmission mechanism is something that all project teams should be vigilant about.
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ApeWithNoChain
· 11-30 13:01
Ha, another market maker's crash site. This set of combo moves is really hard to guard against.
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Single point risk evolves into a systemic collapse. It's high time to deal with these multi-chain operators.
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SAHARA liquidity was drained overnight. This must be the price of having too many opponents.
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The exchange's risk control is ruthless this time, directly taking down the entire account cluster in one sweep.
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To put it nicely, it's called risk transmission; to put it bluntly, it's just one project blowing up and dragging everything down.
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Well, market makers can take out two or three coins every time during liquidation. This market is really something.
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Is MMT also in it? Hmm, now I have to worry about who the next bomb will be.
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Is it true or not? Where did this insider information come from? I feel like every time there's a big dump, someone claims to know the reason.
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Multi-project market making is just burying mines. Once the risk control is pressed, everything goes down with it. This logic has no flaws.
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So who still dares to find this kind of market maker now? It's too unstable.
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SleepyArbCat
· 11-30 12:56
Ah, this... it's again the market maker's fault. Single-point risk has evolved into a systemic collapse, this should have been prevented long ago.
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This wave of liquidation's chain reaction is quite severe, liquidity evaporated overnight, a typical risk control domino effect.
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That's why multi-chain arbitrage still needs to diversify risks; don't put all your eggs in one market maker's basket.
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Insider stories are being played out every day, and this time $SAHARA unfortunately encountered the exchange's rapid verification.
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Single project market making is manageable, but if something goes wrong with cross-project operations, it's a total loss; this lesson... just hearing about it is painful.
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HashBrownies
· 11-30 12:48
Oh no, it's the market makers causing trouble again, this time they've really messed it up.
I've long said not to put all your eggs in one basket, and yet here we are.
SAHARA's move was really ruthless, liquidity gone just like that, and once the exchange's risk control kicks in, there's no way out.
This kind of chain reaction is the most disgusting; one project pulls the strings, and all the others go down with it.
No one knows what risks are hidden beneath the coins they've invested in, everyone feels they need to be careful.
Speaking of which, these market makers are really shady; with a flick of their finger, they can control several projects across different chains.
Someone should have seen the problem coming; this operational method is just too obvious.
But to be fair, the exchange's execution this time was indeed impressive; it took only a few days to trace the address clusters.
Are there other projects using this market maker too? It's a bit alarming...
I just can't understand why they would take down so many projects at the same time.
Sigh, another day of falling more than rising; money's gone.
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CounterIndicator
· 11-30 12:42
It's another issue with market makers, and this time it really blew up.
Single-point risk exploded into systemic risk; this way of playing should have been regulated long ago.
When a market maker's project goes down, everyone dies; they deserve it.
Liquidity was drained overnight, and it's no wonder the coin price fell vertically.
The biggest fear of multi-chain layouts is this kind of chain reaction.
When the exchange's risk control is pulled, all the flaws are exposed.
This time the project party really deserves it, they didn't isolate the market maker risk properly.
If you managed to buy at the bottom, consider yourself lucky.
#数字货币市场回升 Last night, $SAHARA suddenly experienced a big dump. I just learned from an insider that it was because its main market maker was liquidated.
This market maker operates several projects simultaneously, with MMT and SAHARA being the key focus. The problem arose when one of the projects was improperly managed during market making and was targeted by the risk control system of a certain exchange. Once the exchange intervenes in the investigation, the efficiency is frighteningly high, quickly tracing back all associated addresses and account clusters of this market maker, and then unhesitatingly restricting their positions.
Once the position is restricted, the risk control mechanism triggers a chain reaction instantly. The liquidity of $SAHARA was almost drained overnight, and the price naturally couldn't hold up, directly plunging.
As for the specific identity of this market maker and the operators behind it, it is not convenient to disclose it at the moment. However, this issue indeed reflects a problem: when a market maker serves multiple projects at the same time, any single point of risk can potentially evolve into a systemic collapse. If one project encounters issues, other projects may follow suit, and this risk transmission mechanism is something that all project teams should be vigilant about.