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Ether Price Spikes Further on Reports of Bybit Starting to Buy ETH

22/02/2025

in ETHUSD

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The price of ETH started to rise further on Saturday after a report of a hacked exchange starting to buy ether.
The hacker is holding about 489,000 ETH valued at approximately $1.34 billion, making it the 14th-largest holder of the cryptocurrency.
Experts suggest the entity behind the hack, believed to be the Lazarus group, won’t be able to use the stolen funds for much.

Source: https://www.coindesk.com/markets/2025/02/22/ether-price-spikes-further-on-reports-of-bybit-starting-to-buy-eth

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