$ETH Bybit and other platforms may improve security measures, such as increasing reliance on multi-factor authentication (MFA) or moving more assets to cold wallets.

This could temporarily reduce withdrawals or impose additional restrictions on transactions.

4. Impact on Bybit-related currencies

If Bybit is forced to sell some assets to cover losses, this could impact the prices of some cryptocurrencies, especially those that the platform holds in large quantities.

Bybit Token (BIT) may experience selling pressure or price volatility due to concerns surrounding the future of the platform