🚨💥Crash Alert! $CETUS and $SUI Suffer Severe Losses, Over a Hundred Million in Funds Suspected to be Emptied!

In a sudden security storm, CETUS plummeted over 40%, and SUI dropped over 15%, shaking the entire Sui ecosystem!

💣 What exactly happened?

Cetus is an important decentralized exchange (DEX) on the Sui chain, but it has recently suspected to have been attacked, with hackers stealing over $11 million from the SUI/USDC pool, leading to an instant evaporation of liquidity.

📉 Market Reaction is Swift

$CETUS plummeted from $0.2572 to $0.1465, causing panic selling among investors.

$SUI, as one of the stolen assets, dropped from $4.20 to $3.65, quickly giving back a week’s gains.

High trading volumes reflect users rapidly withdrawing funds, and market panic is spreading.

⚠️ Why is this Crucial?

In the DeFi world, trust is life. If a core DEX like Cetus encounters issues, the entire network trembles like a house of cards. If users lose confidence in the platform's security, the consequences could be liquidity drying up and project collapse.

🔍 What to Watch Next:

Whether Cetus’s officials confirm the vulnerability and propose compensation measures.

The rapid response capabilities of the Sui ecosystem.

Whether users regain confidence or continue the trend of withdrawing funds.

🧠 Reminder:

This incident rings alarm bells again—security and auditing are the lifelines of DeFi. The current market is highly volatile, and investors should remain vigilant and avoid blindly bottom-fishing.