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SlowMist Yin: Sui ecological project OceansGallerie has high risk, suspected project party withdraw Liquidity
CoinVoice has learned that SlowMist founder Yu Xian wrote, "It's really strange that the Sui ecosystem project OceansGallerie (@OceansGallerie) has too much control over the market trend in the Token pool, with a total of 10 billion OCEANS Tokens. The holders are too concentrated, and issuance has fallen by tens of times in less than a week. Now the pool is less than $20,000. There is a strong correlation between the abnormal operation Address and the OCEANS TokenissuanceAddress."
According to user X @tongyiju, Cetus Protocol tweeted on November 20th that it created an Oceans pool, promising daily incentives. On November 23rd, Oceans announced a partnership with ADA's investment fund. @tongyiju invested tens of thousands of SUI as Liquidity, but at 3 am yesterday, the project party withdrew the Liquidity, causing the pool to be smashed. [Original link]