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@ftss
Bybit CEO Ben Zhou responded on social media to a news release stating that Binance and Bitget have cumulatively deposited over 50000 ETH into Bybit's cold wallet, thanking Bitget for reaching out at this moment. Bybit is still in communication with Binance and several other partners, and the funds described in the news are not related to Binance's official account. BlockBeats previously reported that according to on chain data analyst Yu Jin's monitoring, five hours ago, Bitget supported Bybit with a loan of 40000 ETH (approximately $105.9 million) to weather the withdrawal wave after the ETH was stolen.
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