The SUI on-chain protocol Cetus liquidity pool is suspected of being hacked! The trading pair abnormally plummeted by more than 70%

(Background supplement: Sui Ecosystem) $Cetus token Launchpad "overraised 66 times", Binance SUI borrowing annualized rate reached -327%)

Cetus, the large liquidity pool (LP) protocol on the Sui chain, is suspected to be controlled by hackers, and a large amount of funds have flowed out of the liquidity pool. According to foreign media, more than $200 million in liquidity was affected, and most of the token trading pairs with SUI on the protocol plummeted by more than 70%.

The current Cetus liquidity pool front-end interface calculation shows a serious error.

The native token $CETUS once fell by about 18% to $4.9.

According to Lookonchain information, after 7 p.m., hackers transferred approximately US$260 million in assets to Ethereum and converted them into ETH.

The hacker activity address is:

https://intel.arkm.com/explorer/address/0x89012a55cD6b88e407C9d4ae9B3425F55924919b