Bybit just got hit with a $1.5 billion hack, and the crypto world is spiraling. But here’s the kicker – rival exchanges rushed to help, and suddenly, Bitcoin’s value plummeted like never before. Whales moved their assets in what looks like a perfectly timed play, leaving small and medium traders bleeding cash.
Critics are calling it the biggest market manipulation in crypto history. Did the whales and exchanges just bail out Bybit at everyone else’s expense? Or was it all part of a bigger scheme?
Stay tuned as the fallout unfolds.