Market information platform Cryptoquant says that the Ethereum (ETH) reserves from Bybit are being restored after the crypto exchange was hacked at an amount of $ 1.4 billion.
In a new thread on the social media platform X, Julio Moreno – Cryptquant’s head of research – out Die Bybit sees the influx of more than $ 390 million in ETH.
“The ETH reserves of Bybit are restoring slowly. Since the hack, the exchange has experienced positive net flows of 139,000 ETH. “
Previous reports indicate that the exchange-based exchange in Singapore suffered the greatest exploit in the digital asset industry when a bad actor took over control over his Eth-cold wallet, which stores keys offline.
According to recent data from the Blockchain Tracker Lookonchain, the rapid recovery of bybit from ETH is helped Through other digital activa companies and crypto -whales.
“Since he was hacked, Bybit has received 145,879 ETH ($ 390 million) in loans and deposits. Whales withdrew 47,800 ETH ($ 127.56 million) from Binance to Bybit as loans.
Bitget transferred 40,000 ETH ($ 106 million) to Bybit as loans. Whale ‘0x3275’ transferred 20,000 ETH ($ 53.7 million) to Bybit as loans.
[The crypto exchange] Mexc transferred 12,652 Steth ($ 33.74 million) to Bybit as loans.
Whale ‘0xd7cf’ ‘bought 15,427 ETH ($ 42.2 million) from CEXS (centralized fairs) and Dexs (decentralized fairs) and then adjusted it to Bybit.
A wallet that is suspected of being Fenbushi Capital, at 10,000 ETH ($ 27 million) at Bybit. “
Furthermore, look monchain finds That Bybit itself bought $ 197 million ETH through freely available transactions.
Ethereum is traded for $ 2,808 at the time of writing, an increase of 1.5% during the last 24 hours.
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