“The Move Happened As Crypto Exchange Bybit Sudden $ 1.5 Billion Wrth of Eth Outflow.”, – WRITE: www.coindesk.com
The Move Happened As Crypto Exchange Bybit Sudden $ 1.5 Billion Wrth of Eth Outflow.Updated Feb 21, 2025, 4:48 PM UTCPUBLISHED FEB 21, 2025, 3:51 PM UTC
Cryptocurrency prices Dropped on Friday, Reversing Early Gains on Reports That Crypto Exchange Bybit Was Seeing $ 1.5 Billion Worth of Crypto Outflows in A Potential Security.
Bitcoin (BTC) SLID to NEAR $ 97,000 After Hovering Near $ 100,000 Earlier Dringing The Day, While Ether (ETH) Slipped Nearly 4%, Dipping Below $ 2,700.
The Sudden Downturn Liquidated Roughly $ 100 Million Worth of Levered Derivatives Trading Positions, Overwhelmingly Longs Anticipating Prices to Rise, Coinglas Data Shows.
Crypto Liquidations in and Hour (CoingLASS)
The Move Happened After Well-Followed Blockchain Sleuth Zachxbt Noted A “Suspicious” $ 1.5 Billion Eth Outflow. Ben Zhou, CEO OF BYBIT CONFIRMED THE HACK IN A X Post.
Krisztian SandorKrisztian Sandor is a US Markets Reporter Focussing on Stablecoins, Tokenization, Real-World Assets. He Graduated from New York University Business and Economic Reporting Program Before Joinger. HE HOLDS BTC, SOL AND ETH.
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