Sahara AI: Team and investor tokens were not sold; large transfers were to provide liquidity for the new cross-chain bridge.

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PANews reported on June 9th that Sahara AI issued an update on the X platform regarding the abnormal token price fluctuations, stating that the allocation of team and investor wallets was completely unaffected on-chain. No team or investor tokens were sold or transferred. The transfer attributed to today's price volatility was a pre-arranged deposit by the team into the Chainlink CCIP cross-chain bridge contract, intended to provide liquidity for its recently launched cross-chain bridge. This is unrelated to market volatility. The transfer of 600 million SAHARA was planned, and the cross-chain bridge is operating as designed. An additional 150 million SAHARA is pending to provide additional liquidity.

Previously, it was reported that SAHARA had fallen by 59.5% in 24 hours, but the team stated that there were no security issues with the token contracts and products .

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