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Bybit just got hit with a $1.5 billion hack, and the crypto world is spiraling. But here’s the kicker – rival exchanges rushed to help, and suddenly, Bitcoin’s value plummeted like never before. Whales moved their assets in what looks like a perfectly timed play, leaving small and medium traders bleeding cash. Critics are calling it the biggest market manipulation in crypto history. Did the whales and exchanges just bail out Bybit at everyone else’s expense? Or was it all part of a bigger scheme? Stay tuned as the fallout unfolds. #OnChainInsights $BTC
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🚨 100,000 $ETH (~$250M) has been laundered by #Bybit hacker in under 4 days! The hacker has now washed 20% of the stolen 499K $ETH, actively splitting funds into smaller amounts across multiple addresses and using THORChain for cross-chain swaps into $BTC, $DAI, and other assets. With 399K $ETH still in their possession, the Bybit hacker holds more ETH than Vitalik Buterin or even the Ethereum Foundation. #OnChainInsights Follow
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366,734 traders were liquidated
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