Large Amount of Ethereum Transferred to Bybit... Worth $870 Million

Son Min

Summary

A large amount of Ethereum (ETH) was transferred to Bybit, reported to be worth approximately $78.07 million.
Large exchange deposits can lead to increased selling pressure and short-term volatility.
Currently, Ethereum is trading at $2,433, up 0.43% compared to the previous day.

A large amount of Ethereum (ETH) has been transferred to Bybit.

On the 26th (local time), Whale Alert announced via X that "32,144 ETH was transferred from an anonymous address to Bybit," stating that "this amounts to approximately $78.07 million."

Typically, large deposits to exchanges can lead to increased selling pressure and may cause short-term volatility.

As of 10:26 PM, Ethereum is trading at $2,433 on Binance's USDT market, up 0.43% from 24 hours ago.

ETH

Son Min

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

Large Amount of Ethereum Transferred to Bybit... Worth $870 Million

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