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Bybit raised 254,830 ETH in 48 hours after hack
02-23 14:18

Odaily News According to updated data released by Spot On Chain, Bybit raised 254,830 ETH ($693 million) within 48 hours after the hack, including:
132,178 ETH ($367 million), likely acquired through OTC transactions with Galaxy Digital, FalconX, and Wintermute;
122,652 ETH (US$326 million), loans from trading platforms/institutions such as Bitget, MEXC, Binance and DWF Labs (it may also be personal borrowing behavior of some whales).
At the same time, the hacker has exchanged 40,944 ETH ($115 million) for BTC and other assets through Chainflip, THORChain, LiFi, DLN and eXch. Currently, the hacker still holds 458,451 ETH ($1.29 billion), accounting for about 91.7% of the stolen 499,395 ETH ($1.4 billion).

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