$CETUS dropped 17% in 24 hours due to a $223M exploit on its protocol, triggering panic selling and liquidity crises across the Sui DeFi ecosystem.
1. $223M exploit drained from liquidity pools via smart contract vulnerabilities.
2. Protocol paused operations, freezing $162M but failing to prevent panic.
3.SUI ecosystem contagion caused cascading sell-offs in CETUS and related tokens
