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Ether Supply Squeeze Bybit Hacker Rises

Bybit Hacker Becomes 14th-Largest Ether Holder

  • The Bybit hacker holds 489,000 ETH, valued at approximately $1.34 billion.
  • This amount constitutes about 0.4% of ether’s total supply.
  • The hacker is the world’s 14th-largest Ether holder.
  • Addresses linked to the hacker are blacklisted by exchanges.
  • Bybit secured a loan to cover nearly 80% of the lost ether.

The Bybit hacker now holds around $1.34 billion in ether, making them the world’s 14th-largest holder, with addresses being monitored and blacklisted by exchanges.

Source (2.6)https://www.coindesk.com/markets/2025/02/22/ether-supply-squeeze-bybit-hacker-emerges-as-world-s-14th-largest-eth-holder?rand=52298
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