PANews reported on February 24 that according to Lookonchain monitoring, Bybit is suspected to have purchased 266,694 ETH (US$742 million) after being hacked:

  • 0x2E45...1b77 (related to Bybit) purchased 157,660 ETH ($437.82 million) from Galaxy Digital, FalconX, and Wintermute via OTC
  • 0xd7CF...A995 (likely associated with Bybit) bought 109,033 ETH ($304.12 million) from DEXs and CEXs