SUI price drops after LP provider Cetus allegedly hacked

Sui (SUI) price declined sharply as the market reacted to news that a leading decentralized exchange on the Sui network, Cetus, had been hacked. On May 22, 2025, Sui was eyeing a potential uptick towards $5 as Bitcoin broke to a new all-time high above $111k. However, negative news that the liquidity provider DEX Cetus […]