Bybit may have purchased a total of 106,498 ETH in the past day or so
02-23 08:09

Odaily News According to the monitoring of on-chain analyst Ember, the address (0x2E4...b77) that may be Bybit or its affiliates received another 34,743 ETH (US$97.75 million) from Wintermute 20 minutes ago. They are likely to have purchased a total of 106,498 ETH (US$294.93 million) in the past day or so: through Galaxy Digital, FalconX, and Wintermute. This address first received ETH after receiving 100 million USDT from Bybit's cold wallet and transferring it to FalconX and Galaxy Digital. Galaxy Digital, FalconX, and Wintermute all transferred ETH from various CEXs to the 0x2E4...b77 address, and they should have all been bought on the secondary market.

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