🔴 Bybit Recovers its $ETH : Master Strategy or Necessity After the Hacking?

In recent days, Bybit has made massive purchases of #ETH through the OTC market, acquiring over 212,101 ETH (~$574M) in just 3 days. The latest transaction, of 36,893 ETH ($87.5M), has caught the attention of the entire crypto community.

What does this mean?

🔹 Repurchasing after the hacking: Bybit may be replenishing its reserves after the recent attack, ensuring liquidity and confidence in its platform.

🔹 Taking advantage of low prices: If they lost ETH at a higher price, buying now could minimize their losses and strengthen their position.

🔹 Bullish signal for Ethereum: Purchases of this magnitude could indicate optimism about the future price of ETH and reduce the available supply in the market.

This move not only stabilizes Bybit but could also trigger a new rally in Ethereum. Are we facing a buying opportunity before a rise? 🔥

📊 Keep a close eye on these movements and don't lose the market's rhythm. 🚀