According to the blockchain analytics firm Lukanchen, the Bibit Exchange has allegedly bought a price of $ 742 million in the price of 266,700 ETHs in two days.
The transactions occurred in the days after the $ 1.4 billion hack of the Bibit, which surprised the industry. A wallet connected to Bybit, identified as “0x2e45 … 1b77”, 157,660 Ethereum (Eth) -Warth approximately $ 437 million-Cryptocurrency investment firms from Galaxy Digital, Falcon, and over-the-control transaction Buys through medium. This wallet conducted its first transaction at UTC on 22 February at 4:44 pm.
A second wallet, “0xd7cf … a995,” Involved In procurement of $ 304 million atherium, both were conducted through centralized and decentralized exchanges.
While formally is not recognized as part of the bibit, both Lukanchen and Arkham Intelligence indicate close connections based on transactions trends. Wallet’s conversation with Binance and Mexc Hot Wallet suggested a link to pursue fuel rumors.
Shopping follows one of the largest crypto exchange hacks in history, in which a hacker exploited Multisig Cold Wallet of Bybit using a masked URL trick to manipulate the contract’s argument and address more than 401,000 eth Applied The attacker has since begun to transfer stolen funds to several wallets since then made a coordinated attempt to freeze the assets.
A joint effort between major blockchain institutions has already become $ 42.89 million, only in one day, according to the post on 23 February of Bibit. Platforms such as Tedhar, Thorchen, avalanche, coinx, bitgate and circle have played a role in identifying and blocking blacklisted addresses, which limits the ability to rob funds of the attacker.
Despite the mass hack, bybit has maintained its financial stability, and CEO Ben Zhow confirmed that all user funds are safe. According to loakonchain dataBybit has received about 446,870 eth, about $ 1.23 billion, approximately $ 1.23 billion since Hacks Hack. A reward of $ 140 million has also been introduced by the exchange for safety researchers and moral hackers who help to recreate the stolen property.
