Will the Bybit Hack Trigger Uncertainty in Ethereum Price Movement?

Quick Summary:

As the stolen ETH’s are moved and liquidated, Ethereum’s price has tumbled by more than 3.30%, raising concerns about further volatility.

The Bybit hack, now the largest crypto breach in history, has sent shockwaves through the market.

The hacker drained roughly 401,000 ETH worth $1.4 billion from Bybit’s cold wallets.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sarayu Krishna

Category: Crypto

Markets: United Arab EmiratesNorth Korea

Topics: ETH Editors News Cryptocurrency Investing Analysis ETHEREUM Bybit Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-22 @ 11:04:51 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26332590

View Article Analysis

About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 34 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions