News

On June 11, Sahara AI released a detailed update regarding the recent abnormal fluctuations in the SAHARA token. The official statement confirmed that neither the team nor investors have sold or transferred their tokens; designated market makers Amber Group and Herring Global operated normally during the event; all smart contracts are secure, and the token management rights are still controlled by the Sahara Foundation. Analysis indicates that the price drop was primarily triggered by a cascade of liquidations in the contract market.

BlockBeats News, June 11th, according to Hyperinsight Monitoring, the "sell on rally" whale (0x4c78...2444) who had significantly shorted South Korean semiconductor stocks has closed its short position on SK Hynix (SKHYNIX) 7 hours ago and increased its short position on Samsung Electronics (SAMSUNG) 3 hours ago. The address currently holds a short position on SK Hynix of approximately $9.44 million, with an unrealized gain of $357,000; a short position on Samsung Electronics of approximately $1.05 million, with an unrealized gain of $45,000. Additionally, it holds short positions on MU, DRAM, COPPER, NVDA, MRVL, BB, and others, with a total position value of $24.24 million and a short position ratio of 100%. The address has made a perpetual contract profit of $3.09 million in a week. The address remains the largest short seller of SK Hynix on the platform.

On June 11, according to on-chain analyst @ai_9684xtpa, Vida has shorted SPCX with $200,000, stating that he is 'naked shorting the future of humanity.' The Formula owner shared a screenshot on TG, revealing a 2x short position on SpaceX, which is set to IPO tomorrow. He mentioned that he can tolerate a maximum loss of $100,000, which would occur if the contract price rises to $243.69, at which point he would execute a stop-loss. However, he expects to hold this position for 3 to 12 months, indicating that this is not a short-term operation.