Bybit has raised 254,830 ETH, approximately $693 million, 48 hours after the hack.

BlockBeats News, February 23, according to Spotonchain's latest data update, Bybit raised 254,830 ETH (6.93 billion USD) within 48 hours after the hack, including:

132,178 ETH (3.67 billion USD), possibly acquired through OTC trades with Galaxy Digital, FalconX, and Wintermute;

122,652 ETH (3.26 billion USD), sourced from loans from exchanges/platforms/institutions such as Bitget, MEXC, Binance, and DWF Labs (which could also be some whales' personal lending behavior).

Meanwhile, the hacker has cross-chain exchanged 40,944 ETH (1.15 billion USD) into BTC and other assets through Chainflip, THORChain, LiFi, DLN, and eXch. Currently, the hacker still holds 458,451 ETH (12.9 billion USD)—approximately 91.7% of the stolen 499,395 ETH (14 billion USD).