BREAKING: The biggest LP provider on the $SUI Network — Cetus Protocol — has been exploited. Over $200 million in liquidity has been drained, shaking the entire SUI ecosystem. In this video, we break down the full timeline of how Cetus Protocol, the main liquidity hub for SUI, was hit by a critical oracle bug. The attacker gained control of SUI-based pools and began draining funds in real time. Just the SUI/USDC pool alone lost over $11 million. Tokens paired with $SUI are now crashing 70–90%. The biggest liquidity provider on the SUI Network, Cetus Protocol, has just suffered what could be the most devastating DeFi hack of 2025. Over $200M in liquidity was drained in a matter of hours, causing panic across the crypto community. This video breaks down the full SUI exploit, how it happened, and what it means for the future of blockchain security. Initial reports suggest the issue stemmed from an oracle bug in Cetus Protocol, allowing the attacker to take control of multiple SUI LP pools. The $SUI token immediately suffered a sharp decline, triggering a SUI price crash and raising concerns of a potential crypto rug pull 2025. We’ll cover how the Cetus Protocol hack unfolded, the role of Tornado Cash laundering, and what this means for USDC exploit risk and crypto vulnerability across web3. We’ll also explain why this is not a direct SUI Network hack, but rather a critical flaw in its largest LP provider. Stay tuned for the latest SUI crypto news, real-time updates from Mysten Labs, and a full SUI crypto update. Whether you’re tracking altcoin news, staying ahead of DeFi news, or want to protect yourself from the next crypto scam alert, this video is a must-watch. This wasn’t just another crypto exploit — it was a calculated breach of trust. Watch till the end to see how the SUI ecosystem drain unfolded and what’s next in this high-stakes DeFi investigation. While the Cetus team insists this wasn’t a direct “hack,” the scale of the exploit points to a massive vulnerability. The exploiter is now bridging stolen USDC out in $1M batches and converting to ETH via Tornado Cash — suggesting deliberate laundering tactics. This is not a breach of the Sui Network itself, but it raises major questions about DeFi protocol safety, oracle bugs, and LP provider security. Mysten Labs is reportedly working with the Cetus team to mitigate the damage and uncover the full details. If you’re holding $SUI or invested in SUI-based DeFi, this is a critical update you can’t afford to miss. We’ll also cover how this compares to other DeFi hacks in 2025, and whether this could lead to a broader crypto market impact. Stay safe. Stay informed. And as always — don’t just trust announcements. Follow the wallets. #SUI #CetusProtocol #CryptoExploit #DeFiHack2025 #CryptoNews #BlockchainSecurity #MystenLabs #SUIHack #CetusHack #TornadoCash #USDCExploit #LPProviderHack
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