Suspected Bybit related address has repurchased 266,700 ETH after the hacker attack, totaling 742 million USD

2025-02-24 09:51:54

ChainCatcher news, according to monitoring by Lookonchain, Bybit is suspected to have repurchased a total of 266,694 ETH (approximately $742 million) after experiencing a hacker attack.

Among them, a suspected Bybit associated address 0x2E45…1b77 purchased 157,660 ETH (approximately $438 million) through over-the-counter transactions from Galaxy Digital, FalconX, and Wintermute;

Another suspected associated address 0xd7CF…A995 purchased 109,033 ETH (approximately $304 million) from decentralized and centralized exchanges.

Source

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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?