Sending coal in the snow! Five major institutions throw 120,000 ETH to support Bybit

The cryptocurrency exchange Bybit has recently received strong support from the industry, with five institutions/individuals providing a total of 120,000 ETH (approximately $320 million) in emergency loans, setting a new record for industry aid.

The main supporters include:

1. Bitget: 40,000 ETH ($106 million)

2. Mysterious institution affiliated with Binance: 11,800 ETH ($31.02 million)

3. MEXC: 12,652 stETH ($33.75 million)

4. Binance affiliate: 36,000 ETH ($96.54 million)

5. Anonymous address 0x327...45b: 20,000 ETH ($53.7 million)

It is noteworthy that this rescue involves multiple leading exchanges and anonymous capital, among which Binance affiliates provided a total of 47,800 ETH in two transactions. On-chain data shows that some funds were indeed transferred from Binance's hot wallet, but the specific contributors remain anonymous. This joint rescue operation, valued at over $300 million, not only demonstrates the risk transmission in the crypto market but also highlights the crisis response capabilities of leading institutions.

Unlike the situation of FTX during the bear market, this crisis seems to present more opportunities. Optimistic about the upward trend, combined with favorable ETF news, it may push towards 3500. The blood drawn by SOL has also changed back to flow $ETH $SOL #bybit被盗 #山寨季來了？ #你看好哪一个山寨币ETF将通过？