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by: xpoolPosted on: May 22, 2025

SUI Token Suffers Steep Drop After $260 Million Cetus Protocol Hack

The SUI token experienced a dramatic price drop of 15% following a major exploit on the Cetus protocol. The hack, estimated to be worth $260 million, saw fraudulent tokens manipulated to siphon real assets such as SUI and USDC. Binance founder Changpeng Zhao offered support for the affected community while investigations continue.

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Crypto Market DeFi Sui (SUI)

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