Summary
- Bybit has purchased Ethereum worth $197 million.
- The transaction was conducted through over-the-counter (OTC) trading.
- Ethereum price on Binance USDT market is reported at $2,749, up 2.79%.

Bybit has reportedly purchased Ethereum (ETH) worth $197 million (approximately 283.4 billion won).
On the 22nd (local time), LookOnChain reported through X that "Bybit is estimated to have purchased 71,755 ETH" adding that "this amounts to approximately $197 million." The transaction was conducted through over-the-counter (OTC) trading.
As of 1:08 PM, Ethereum is trading at $2,749 on the Binance USDT market, up 2.79% from 24 hours ago.

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit





