Bybit Hack Update: Massive ETH Transfers & User Withdrawals Explained

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The recent Bybit hack has sent shockwaves through the crypto world, with hackers making away with a whopping  $1.4 billion worth of digital assets. While the attack caused panic, it also led to massive fund transfers, with large amounts of BTC, ETH, XRP, and USDT pouring into Bybit. Many saw this as a show of …