#bybit被盗

When the news broke that 400,000 ETH had been stolen from Bybit,

I couldn’t help but feel anxious for it.

After all, Bybit did not choose to immediately purchase ETH to fill this huge gap

but instead turned to its peers for help, opting for a loan as a stopgap.

This loan is essentially equivalent to shorting ETH.

You have to understand that in this unpredictable cryptocurrency market,

if one day the market suddenly surges,

ETH could rise by dozens of percentage points in a single day,

then the hole that Bybit is facing could grow larger and larger like a snowball.

However, it seems that my worries were perhaps unfounded after all.