🚨 #hackers just drained $11M from the #Cetus DEX! Liquidi | Chen_Wei_Crypto on Binance Square

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🚨 #hackers just drained $11M from the #Cetus  DEX! Liquidity pools got wiped, and some tokens on the $SUI blockchain crashed hard.
#HackerAlert #suihacked #LiquidationAlert 

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SUI

3.8656

-3.98%

CETUS

0.1731

-21.88%

23

0

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Market Alert: $CETUS & $SUI Suffer Sharp Drop After Exploit Incident In the last few hours, both CETUS and SUI have faced heavy sell-offs, with CETUS dropping over -40% from its peak and SUI down by -15%+. This sharp correction follows a serious event affecting the Cetus Protocol, a key DeFi player in the Sui ecosystem. What happened? Cetus is the main decentralized exchange (DEX) and liquidity provider (LP) on the Sui blockchain. According to early reports, the protocol was allegedly exploited, and over $11 million worth of SUI was drained from the SUI/USDC pool. As a result, liquidity vanished from key trading pairs, causing token prices to collapse rapidly. Impact on $CETUS: Price dropped from $0.2572 to nearly $0.1465 in minutes Panic selling followed as pools emptied Confidence in the DEX’s security was severely shaken Impact on $SUI: SUI also took a direct hit due to being the main asset drained in the exploit Price plunged from $4.20 to a low of $3.65, wiping out gains from the past week High trading volume suggests many users rushed to exit positions Why this matters: In DeFi, trust in liquidity pools and protocols is everything. When a core DEX like Cetus faces an exploit, the entire network feels the shock. Many tokens on Sui depend on Cetus for liquidity, and if users can't trade or withdraw safely, fear spreads fast. What to watch next: Whether the Cetus team confirms the exploit and shares recovery or compensation plans How fast Sui ecosystem protocols respond to contain the damage If liquidity returns or if users continue to withdraw funds Final Note: These events are reminders of how critical security and smart contract audits are in the DeFi space. For now, both CETUS and SUI remain highly volatile, and traders should proceed with caution. #SUİ #CETUSBearish #HackerAlert #HackAlert #MarketExplodes

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What do you think will touch 1 USDT First ?? $SHIB $PEPE #FollowForMoreCryptoFun #memecoin🚀🚀🚀 #MemeCoinMarket #Memecoins🤑🤑

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Breaking: #MichaelSaylor's Strategy to sell up to $2.1 billion of 10% preferred stock to fund more $BTC purchases. #SaylorBTCPurchase #MicroStrategy" #MichaelSaylorEffect

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#LiquidationAlert : $175 million worth of #bitcoin short positions liquidated in last 24 hours #LiquidationData #MarketSentimentToday #LosersOfTheDay

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