Bybit CEO: The peak of the run on the bank has passed, and 70% of withdrawals have been processed

2025-02-22 01:38:32

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ChainCatcher news, Bybit CEO Ben Zhou stated in a live broadcast that Bybit's treasury can cover the loss of 400,000 Ethereum. He mentioned that 70% of the withdrawals have been processed, the peak of the run on the bank has passed, and large withdrawals are undergoing regular security checks. The team will continue to process the remaining withdrawals in the next few hours. All customers' withdrawals will be processed.

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