Bybit sourcing eth

70% of customer‘s ETH is gone.

Who TF keeps 70% of their eth on 1 single wallet?

I never used Bybit. Always didn‘t feel good about it.
This confirms my stomach feeling

My only financial advice ever:
Get your stuff off of Bybit.
I wouldn‘t be surprised if it is over for them. 70% is just too much unless they get it back.

Either way, they won‘t be able to process all withdrawals with this amount gone.

Crazy mints

Some ppl are loading up here

Would be very surprised if this is starting a bear market. I can‘t remember any exchange hack that was fundamentally bearish for the charts

So a bankrun on other exchanges would lead to real buy backs = giga moon

The local bottom is near!

Who had this on their bingo card?

I think it is in

Market is so vulnuerable. BTC shoing bottom signs, rest of the alts are not moving at all.

SPX was partnering today with Bybit to ruin the party

https://x.com/gauthamzzz/status/1893004663416594812?

Identified and infected every multi sig user?
Bro this sounds so unrealistic.
Something 🐠

There are discussions about rolling back ETH for this hack:
I hate any all this fraud going on everywhere but rolling back ETH would kill Ethereums value: it is the most decentralized chain after BTC with smart contracts. There is a reason why all major players like Blackrock and Paypal work on Ethereum.

If they roll it back for „a simple hack“, why wouldn‘t they roll it back for other instances as well fairly often?

I hope they won‘t do it. Because if they do, they just become another Solana, Sui, Tron… while being slow and expensive. This would really kill the market.

Market finally realizes that this was bullish for $ETH