Slow Mist Cosine: The Sui ecological project Oceans Gallerie is at high risk, and it is suspected that the project party has withdrawn liquidity
The founder of Slow Mist, Cosine, wrote that the Sui ecological project OceansGallerie (@OceansGallerie) is indeed quite strange. The token pool is too controlled, the total amount of tokens 10 billion OCEANS, Holders is too concentrated, and the tokens have fallen dozens of times in less than a week of issuance. Now the pool is less than 20,000 dollars. The address of abnormal operations is strongly related to the address of OCEANS token issuance.
According to X user @tongyiju, Cetus Protocol tweeted on November 20 that it had created an Oceans pool, promising daily incentives, and on November 23, Oceans announced a partnership with ADA's investment fund. @tongyiju invested tens of thousands of Sui as liquidity, but at 3am yesterday, the project party withdrew the liquidity, resulting in the pool being smashed.