According to Ai 姨 (@ai_9684xtpa) on Twitter, after investing $100,000 worth of SUI into WAL via Cetus for liquidity provision in mid-April 2025, the user's liquidity was quickly converted predominantly into WAL due to rapid price drops. The user exited the LP and sold off their assets, missing the subsequent rebound in both SUI and WAL prices. This incident highlights the trading risks of providing liquidity on Cetus, including impermanent loss and platform security concerns, especially in the wake of the Cetus hack (Source: @ai_9684xtpa, Twitter, May 22, 2025). Crypto traders should exercise caution when allocating funds to LPs on newer DeFi platforms and closely monitor security-related events that could affect SUI and WAL price volatility.

According to Ai 姨 (@ai_9684xtpa) on Twitter, the final value of assets stolen from Cetus reached approximately $260 million after including $59.56 million bridged to the Ethereum mainnet. This significant cross-chain movement increases systemic risk to DeFi protocols and Ethereum network participants, highlighting urgent security concerns for traders and investors operating on both networks (Source: Twitter, May 22, 2025).

According to Ai 姨 (@ai_9684xtpa), James Wynn responded to the recent Cetus hack and subsequent SUI price drop to $3.9 by opening a 10x leveraged long position, holding 3,554,305 SUI (worth $14.46 million) at an entry price of $4.01146, with an unrealized profit of $264,000 as of the latest update. This significant position signals renewed trader confidence in SUI despite recent security concerns, with potential short-term market volatility anticipated. Active traders should monitor whale activity and on-chain data for SUI as these positions could lead to increased price swings following the hack incident. (Source: https://twitter.com/ai_9684xtpa/status/1925520896548393215)

According to Ai 姨 (@ai_9684xtpa), Sui network’s largest decentralized exchange, Cetus, has suffered a major exploit with approximately $200 million in assets compromised. The hacker’s address primarily executed two actions in the past half-hour: withdrawing token liquidity and bridging a significant amount of USDC from Sui to Ethereum mainnet, with USDC comprising the largest portion due to its prevalence in Cetus liquidity pools. Notably, the stolen tokens have not yet been fully liquidated on the market. Traders should remain alert to potential large-scale token dumps, increased volatility on Sui-based assets, and possible ripple effects across DeFi and stablecoin pairs, especially those involving USDC. (Source: @ai_9684xtpa on Twitter, May 22, 2025)