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Sergi Mamedov
Sergi Mamedov

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πŸ”₯ $SUI Rebounds After $162M Hack – Can Trust Fuel the Next Rally? πŸ’₯

πŸ›‘ $162M Frozen After Cetus Exploit
Sui Network is making waves after validators swiftly locked $162M of funds stolen in the Cetus Protocol hack. This rare, real-time defense boosted community confidence and showcased Sui’s on-chain threat response in action.

🀝 Recovery Plan in Motion
Cetus confirmed it’s working closely with the Sui Foundation, law enforcement, and cybercrime experts. A patched exploit, tracked wallets, and a whitehat bounty offer are already in play β€” a strong message that security and user trust matter.

πŸ“ˆ Price & Open Interest Spike
Following the news, SUI’s price and Open Interest surged, according to CoinGlass. That’s a clear signal: the market is reacting positively to how this crisis was handled.

πŸ”’ A Rare Blockchain Feature
The ability to freeze stolen assets is unusual in DeFiβ€”and it’s giving SUI a unique edge. If the funds are recovered and user losses minimized, this event could turn into a bullish milestone for SUI’s reputation.

πŸš€ Will It Last?
If sentiment continues to improve and transparency remains high, SUI could see renewed investor interest and long-term upside.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.

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