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Bitcoinsensus
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Bybit Bought $100M Worth ETH, Sparking a 2.5% Rally
- Bybit purchased $100M worth of ETH after a security issue.
- The purchase amounted to 36383 ETH at an average price of $2711.
- This sparked a 2.5% rally, and trading volume increased by 10%.
- Bybit's purchase and the subsequent rally are part of a resurgence plan to unite against actors harming the crypto industry.
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