Bybit Buys Back ETH After $1.4B Heist, Eyes on $3,100

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The post Bybit Buys Back ETH After $1.4B Heist, Eyes on $3,100 appeared first on Coinpedia Fintech News After a $1.4 billion Ethereum (ETH) heist on Bybit on February 21, 2025, the exchange began buying ETH, as reported by crypto intelligence firm Arkham. According to a recent report by Arkham Intelligence, Bybit has spent nearly 100 million USDT to buy 54,393 ETH at an average price of $2,711, which was then deposited into the exchange. However, this substantial amount of ETH was purchased by G...