<ul><li>Bybit has fully recovered its ETH balance through loans, whale deposits, and ETH purchases, and shared an updated Proof of Reserves report.</li><li>The exchange deposited ~446,870 $ETH worth $1.226B by making OTC purchases and using the help of partners in the form of loans, whale deposits, etc.</li><li>Bybit CEO Ben Zhou attached an updated Proof of Reserves report, indicating the recovery of ETH balance and 100% 1:1 on client assets through merkle tree.</li><li>Bybit also received permission to operate in India, expanding its presence in a populous jurisdiction.</li></ul>

Bybit Fully Recovered ETH Balance and Updated Proof of Reserves

Discover more