🚨 Crypto Market Alert: Aptos Confirms Security Breach Limited to Sui Network
The crypto market is reeling today as Aptos confirmed a major security breach impacting rival blockchain Sui Network, not its own ecosystem. 🔒 Exploits targeting Sui’s Cetus DEX drained $11M from SUI/USDC pools, triggering a 20% $SUI price plunge to $0.85 and an 80% nosedive for Sui-based tokens 📉. Analysts warn of contagion risks as panic selling spikes SUI trading volumes by 350% on Binance, with whale outflows intensifying bearish pressure 🐋. Meanwhile, Aptos reassured users its chain remains secure, contrasting Sui’s struggles after a separate $29M December 2024 hack involving Tornado Cash laundering 🌪️. Traders eye oversold RSI levels (18) for a potential bounce, but MACD signals suggest caution ⚠️. Stay vigilant!
Disclaimer: This update is for informational purposes only. Cryptocurrencies are volatile; conduct your own research before trading. Not financial advice.