Crypto exchange Bybit recently made waves by acquiring $742 million worth of Ether over just two days, from February 22 to 23. This expansive purchase was tracked by blockchain analytics firm Lookonchain through two wallet addresses.
The move comes shortly after Bybit faced a significant security breach. Could this be a strategic play to bolster their reserves or a testament to the enduring allure of cryptocurrency's potential?
Always fascinating how digital currency maneuvers spark intrigue and speculation in the tempestuous crypto seas!