🚨 BREAKING: $CETUS and #SUİ crash after security scare! 🚨

*What's Happening:*

- Suspected exploit on Cetus Protocol, a top DEX on Sui, led to an $11 million drain in SUI from the SUI/USDC pool.

- Massive price dumps: $CETUS fell -40% from $0.2572 to $0.1465, and $SUI dropped from $4.20 to $3.65.

*Why It Matters:*

- Cetus is a key protocol for Sui's trading ecosystem. A liquidity wipeout could impact the entire network's stability.

- Confidence in trading pairs and ecosystem stability is now uncertain.

*What's Next:*

- Will Cetus confirm the exploit and offer a response plan?

- How will Sui's community and projects respond to restore confidence?

- Can liquidity recover, or will this trigger a deeper exodus?

*DeFi Takeaway:*

- Security is crucial in DeFi. Without strong audits and emergency systems, trust can evaporate quickly.

*Investor Advice:*

- Extreme caution is advised due to high volatility and fragile sentiment.

- The next 24 hours will be crucial in determining the fate of $CETUS and $SUI.