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Bitget transferred 40,000 ETH as a loan to Bybit 5 hours ago to ease withdrawal pressure

2025-02-22 08:45

BlockBeats News, February 22nd, according to on-chain data analyst Yu Jin's monitoring, 5 hours ago, Bitget transferred 40,000 ETH (approximately $105.9 million) to Bybit as support to tide over the withdrawal surge after the ETH hack. These ETH were transferred directly from Bitget to Bybit's cold wallet address.

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