Foresight News reports, Slow Fog founder Yu Xian stated that "The Sui ecosystem project OceansGallerie (@OceansGallerie) is indeed quite strange, the token pool is too controlled, with a total token supply of 10 billion OCEANS, the holders are too concentrated, and the token has dropped dozens of times in less than a week since its issuance, with the pool now below $20,000. The addresses of abnormal operations are strongly related to the OCEANS token issuance address."
Additionally, 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 party withdrew the liquidity, causing the pool to collapse.
