SlowMist Yuxian: Sui ecological project OceansGallerie has high risks, and the project party is suspected of withdrawing liquidity
SlowMist founder, Yu Xian, wrote that the Sui ecosystem project OceansGallerie (@OceansGallerie) is indeed strange, with the token pool being too controlled and the total number of tokens being 10 billion OCEANS. The holders are too concentrated, and the token has already fallen by dozens of times in less than a week of issuance, and the pool is now less than $20,000. The address of abnormal operations is strongly related to the OCEANS token issuance address.
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 its cooperation with ADA's investment fund. @tongyiju invested tens of thousands of Sui as liquidity, but at 3 am yesterday, the project party withdrew liquidity, causing the pool to be smashed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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