If the price falls below 2600, wouldn't it be more cost-effective for the market maker to buy back and make up for this 500,000 ETH?
刘多鱼
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Bullish
By had 500,000 ETH stolen, and the Ethereum community refused to roll back the transaction.
At present, By has repurchased 100,000 ETH from various channels, exposing a very serious problem.
Although the exchange assets are pegged at 1:1, they only hoard a large number of stablecoins, and can only repurchase a large number of crypto assets from the market when dealing with emergencies.
1.5 billion US dollars is affordable for By, but who can guarantee that 500,000 ETH will not become 3 billion US dollars tomorrow? I don’t think anyone can make this guarantee.
As I said in the group, hackers may have to wait until the next bull market to wash these coins, and by can only solve the time for 500,000 Ethereum as soon as possible, after all, the gap is not 1.5 billion US dollars in stablecoins.
#bybit被盗 $BTC $ETH $BNB #btc #eth #bnb
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