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by: xpoolPosted on: February 25, 2025

Bybit Buys $574 Million in Ethereum via OTC Trades

Cryptocurrency exchange Bybit has made significant purchases of Ethereum (ETH) through over-the-counter (OTC) transactions. Odaily, citing Lookonchain data, reports that Bybit recently acquired 36,893 ETH worth $87.5 million within the past three hours. This follows a trend: in the last three days, Bybit has purchased a total of 212,101 ETH, amounting to $574 million more through OTC deals.

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