Update On $SUI Hack:
The Cetus hacker has spent 58.3M $USDC to buy 21,938 $ETH at an average price of $2,658.
Link: https://intel.arkm.com/explorer/address/0x89012a55cD6b88e407C9d4ae9B3425F55924919b
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This content contains potentially risky contract addresses
br_ning
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Bearish
More Than $260M Hack on Sui — Hacker Moves Funds via USDC and ETH 🚨
Over $260 million was stolen in a massive exploit on $SUI . The attacker is converting the loot into USDC, bridging it to Ethereum, and then swapping for ETH. So far, around $60M USDC has already been moved cross-chain.
This kind of hack is brutal. It’s not just about the money — it shakes confidence in the whole ecosystem. Once the funds start moving across chains, tracking and recovering them becomes way harder. Hope teams are on this fast, but it’s looking messy.
If you enjoy my content, feel free to follow me ❤️
#Binance
#crypto2025
Over $260 million was stolen in a massive exploit on $SUI . The attacker is converting the loot into USDC, bridging it to Ethereum, and then swapping for ETH. So far, around $60M USDC has already been moved cross-chain.
This kind of hack is brutal. It’s not just about the money — it shakes confidence in the whole ecosystem. Once the funds start moving across chains, tracking and recovering them becomes way harder. Hope teams are on this fast, but it’s looking messy.
If you enjoy my content, feel free to follow me ❤️
#Binance
#crypto2025
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SUI
3.6539
-6.63%
ETH
2,563.68
-3.80%
USDC
0.9998
+0.02%
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