ChainCatcher message, Slow Fog founder Yu Xian stated, "The Sui ecosystem project OceansGallerie (@OceansGallerie) is indeed quite strange, the token pool is too controlled, with a total supply of 10 billion OCEANS, the holders are too concentrated, and the token has already dropped dozens of times within a week of issuance, now the pool has less than 20,000 dollars. The addresses of the abnormal operations have a strong correlation with the OCEANS token issuance address."
According to X user @tongyiju, Cetus Protocol tweeted on November 20 that it created an Oceans pool, promising daily incentives. On November 23, Oceans announced a partnership with an investment fund under ADA. @tongyiju invested tens of thousands of Sui as liquidity, but at 3 AM yesterday, the project team withdrew the liquidity, causing the pool to crash.
