BREAKING NEWS. . . . .
& $SUI
CRASH AFTER SECURITY SCARE SHAKES #SUI ECOSYSTEM❗👀
In a stunning turn of events, both #CETUS and
#SUI have seen massive price dumps following a
suspected exploit on the Cetus Protocol. Markets
reacted instantly sending shockwaves across the
DeFi scene.
Here’s What Went Down:
Cetus, the top DEX on Sui, was reportedly targeted
by an attacker who drained over $11 million in SUI
This led to a liquidity wipeout—CETUS fell from
$0.2572 to $0.1465, a brutal -40% collapse.
SUI didn’t escape either—dropping from $4.20 to
$3.65, with high sell volume indicating widespread panic.
Why It’s a Big Deal:
Cetus isn’t just any protocol—it’s the backbone of
trading on Sui. If the core liquidity hub crumbles,
the entire network feels it. Confidence in trading
pairs and ecosystem stability is now on shaky ground.
Key Developments to Watch:
Will Cetus officially confirm the exploit and offer a
response plan?
How will Sui’s community and projects step in to
restore confidence?
Can liquidity recover, or will this trigger a deeper
exodus?
A Wake-Up Call for DeFi:
This is another reminder: in DeFi, security isn’t
optional it’s survival. Without strong audits and
emergency systems, trust evaporates in minutes.
Final Thoughts: For now, extreme caution is
advised. Volatility is high, sentiment is fragile, and
the next 24 hours will be crucial in shaping what