Bybit makes a significant move in the Ethereum market, buying 36,893 ETH worth $87.5M through Over-the-Counter trading. This comes just days after a previous purchase of 175,208 ETH, bringing their total OTC buy to 212,101 ETH in just three days. What's behind this sudden surge in interest?

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Bybit's aggressive ETH purchases could signal they're positioning for future price appreciation or aiming to stabilize the market. Large OTC trades can influence short-term price movements and liquidity. Stay tuned for further market reactions.