$ETH

My thoughts on (Bybit Hack) ,

ALT season officially kickstarted due to the Bybit Billion Dollars Crypto hack.

Points to be noted:

1. Hackers stolen crypto (Eth) is being tracked on the blockchain

2. They won't sell it soon , because their KYC will track them, which means , $1.2 billion in $ETH is practically out of circulation .

3. Think About It !!! Why Ethereum price is on the rise all of a sudden ? (Around this level of Hacking event ?)

4. Demand for ethereum Liquidity is on urgent basis but its availability is Limited

5. Look at the timings , ETH will Hit ATH as its PECTRA release is expected in March-April 2025 . Timings couldn't be More Perfect when Fear Index is the highest 🔥

So, Ethereum will Pump here onwards and all the DeFi and DeFAI will pump Hard (Especially ethereum based ALT coins will pump)

After so much hacking around in Crypto space, Future revolutionizing Crypto to lookout for:

$SHIB (Layer 2 Blockchain : Shibarium 🔥)

A Fully Homomorphic Encryption based Layer 2 Blockchain 🔥🗿💥

(Fast | secure | Trusted by UAE | Great Community )

NOTE : Not an investment advice, Please DYOR before Investing !!!!