Bybit has repaid the loan of 47,800 ETH from the "institution/whale withdrawing from Binance."

2025-02-25 16:40:22

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ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, 20 minutes ago, Bybit returned 47,800 ETH (approximately 113.97 million USD) supported by "institutions/whales withdrawing from Binance." Previously, a total of 4 institutions/individuals provided Bybit with a loan support of 120,000 ETH.

Bybit has now repaid 40,000 ETH to Bitget and 47,800 ETH to the "institutions/whales withdrawing from Binance." There are still 12,652 stETH from MEXC and 20,000 ETH from the address 0x327…45b pending repayment.

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Bybit ETH institutions/whales

Column Bybit theft incident tracking

On the evening of February 21, 2025, Bybit suffered a hacker attack, with over $1.4 billion worth of cryptocurrency assets stolen. How will the incident unfold, and what subsequent impacts will it bring?