The stolen tokens on Cetus have not been entirely sold off yet, and emotional panic has caused a short-term big dump of the tokens.

DailyNews
CETUS-4,09%

Odaily News About $200 million in assets were stolen from Cetus, the largest DEX on the Sui network, and the hacker address has done two main things in the past half hour: Withdrawing token liquidity will transfer a large amount of USDC from Sui to the Ethereum mainnet (because most of the stablecoins used in token pools are USDC, which accounts for a large portion). Have all the stolen tokens on Cetus been sold off? - Not yet. The current short-term drop in tokens is mainly due to the withdrawal from pools and emotional panic.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
GateUser-79d8c08bvip
· 2025-05-24 12:22
interesting post thanks for it
Reply0
ThePathOfDiligenceDiligenceIsvip
· 2025-05-22 12:14
Hurry up and enter a position! 🚗
View OriginalReply0
GateUser-c94f403evip
· 2025-05-22 11:44
Then my contract got liquidated, what should I do?
View OriginalReply0