Ethereum Drops 4.5% Following ByBit’s $1.4 Billion ETH Hack Confirmation

According to Watcher Guru: Ethereum (ETH) experienced a sharp decline of 4.5% after crypto exchange Bybit confirmed a security breach resulting in the loss of $1.4 billion worth of ETH. The breach, which is among the largest exchange hacks in recent years, has heightened concerns over centralized exchange security and its impact on the broader crypto market.