The post Sahara AI Token Falls 60% After Large Wallet Transfers Spark Concerns appeared first on Coinpedia Fintech News Sahara AI dropped as much as 60%, fallingThe post Sahara AI Token Falls 60% After Large Wallet Transfers Spark Concerns appeared first on Coinpedia Fintech News Sahara AI dropped as much as 60%, falling

Sahara AI Token Falls 60% After Large Wallet Transfers Spark Concerns

2026/06/09 14:29
1 min read
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Sahara AI dropped as much as 60%, falling from $0.038 to $0.0129 before recovering to around $0.016. Trading volume reached $250 million across exchanges, including Binance. The selloff followed on-chain transfers of 600 million SAHARA tokens from wallets linked to the project team, raising concerns among investors. Sahara AI said the transfers were pre-planned and intended to provide liquidity for a new Ethereum–BNB Chain bridge built using Chainlink CCIP. The project stated that no security breach occurred and team allocations remain unchanged. A community vote has been launched to consider possible compensation for token holders.

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