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Cryptopotato

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Bybit Hack Aftermath: Single Whale Liquidated for $46M as BTC Dumps by $4K

  • BTC's price has fallen by over $4,000 following the Bybit hack.
  • Bybit confirmed a hack that drained its wallet of around $1.4 billion in ETH.
  • The hack had a significant impact on the market, with BTC losing over $4,000 and altcoins also experiencing losses.
  • CoinGlass reported liquidations of over $600 million, with the single-largest wrecked order worth $45.8 million.

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