Bybit Loans, Whale Deposit and Eth Purchase Closes $ 1.4B difference in Etreum tokens through data shows



The Crypto Exchange Bibit, a suspected North Korean hacker attack over $ 1.4 billion, says it completely covered the damage within two days.

Cryptocurrency Exchange Bibit recently covered a loss of $ 1.46 billion from the hacker attack, which is through a mixture of loans, whale deposits and atherium (athe) purchase, blockchain data from the loan show.

In One x post On 24 February, Lukanchen showed that Bibit received 157,660 ETHs (about $ 437.8 million) from a address, possibly through buying over-the-counters. Another 109,033 eth ($ 304.1 million) came from a unit that bought Eth from centralized and decentralized exchanges.

Whales and institutions contributed more than $ 127 million to ETH as loans, while Crypto Exchange Bitgate provided 40,000 ETHs ($ 106 million) and MXC contributed 12,653 steths ($ 33.9 million) in the loan. Another address, possibly an over-the-counter buyer, was sent 22,609 Eth ($ 61.9 million).

An unknown unit shifted 20,000 Eth ($ 53.7 million), while Mirana Ventures sent 10,000 Eth ($ 28 million), and another address, possibly connected to Fenbushi Capital, sent the same amount. Small contribution from users associated with “@Yuchao” (2,499 Eth) and DWF labs (2,200 eth).

After Lukanchen’s X post, Baybit CEO Ben Jhou took to the X to announce that the exchange has “completely shut down the Ath Gap,” saying that the new audited proof-off- The Razorvs Report “will soon be published that the bibit is back again, 100% 1: 1 on client assets via Mercale Tree.”

As Crypto.news had previously reported, the benami blockchain investigator Zachxbt found a direct on-chain link between Bybit Hack and the recent Phemex Brech. On-chain data shows that the attackers merged funds from both events using the same initial theft address, which is a pattern similar to the strategy used by the North Korea-supported Lazarus Group to connect several exchange hacks Is.





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