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SUI Token Demonstrates Market Strength Following $223M Cetus DEX Exploit
SUI Token Demonstrates Market Strength Following $223M Cetus DEX Exploit
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui’s native token (SUI) showed resilience after an early Thursday drop to $3.80, rebounding to $3.89 within hours of a reported $223 million exploit on Cetus, its largest decentralized exchange. The breach initially caused a 3.7% daily decline across ecosystem tokens.
Analysts highlighted the rapid price stabilization despite the significant theft—a sign of Sui’s deepening liquidity pools. This incident represents the second major Layer-1 security breach this quarter, following February’s $320 million Wormhole attack.
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