SAHARA token plunges 55% amid high volume; Sahara AI denies insider selling, cites planned liquidity move.

SAHARA token dropped about 55% on June 9, nearing its record low, amid a surge in trading volume exceeding $300 million. Sahara AI launched an internal investigation but denied any insider selling or security breaches, explaining that a transfer of 600 million tokens was a planned liquidity deposit for its Chainlink cross-chain bridge. The cause of the sell-off remains unclear, though the token's price is now nearly 90% below its July 2025 peak. Sahara AI plans to provide further updates once more information is confirmed.