Withdraw a total of 200 million dollars from the Sui ecosystem

The largest liquidity provider (LP) on the SUI network was hacked.

$200 million in total has been withdrawn from the ecosystem.

Here’s what’s happening in detail 🧵

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This morning, the Cetus protocol, the main liquidity provider on the Sui network, was hacked.

More than $200 million in liquidity has been drained.

The hacker fully seized the pools built on the SUI currency and began draining them continuously without stopping.