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Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

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Bybit’s .48B Hack Triggers .3B Crypto Market Exodus, Glassnode Reports
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Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode Reports

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Source: Bitcoin.com

Bybit’s $1.48B Hack Triggers $4.3B Crypto Market Exodus, Glassnode ReportsBybit suffered a $1.48 billion hack on Feb. 21, 2025, leading to panic-driven withdrawals and a market-wide sell-off, according to the latest Glassnode onchain report co-authored by researchers Cryptovizart and Ukuria OC. Glassnode Tracks Bitcoin’s 13.6% Monthly Decline Following Bybit Exploit The breach, researchers noted in the post-mortem report, pushed bitcoin (BTC) 20% below its […]

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Author: Jamie Redman

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