Following a massive security breach that saw the exchange lose over $1.4 billion worth of Ethereum last Friday, Bybit has rapidly restored its ETH liquidity reserves. The attack is believed to be orchestrated by the North Korea-linked Lazarus Group, notorious for past crypto thefts. Despite this incident, Bybit swiftly replenished their reserves through other exchanges and brokers, ensuring withdrawals remained operational. 80% of these replenishments came from external sources such as Binance and Bitget, highlighting the resilience of the cryptocurrency market in times of crisis. 32% came from Binance alone, while Bitget contributed a further 8%. 60% of their recovered ETH was acquired through these partnerships, showing a strong commitment to recovery. Bybit’s Bitcoin and USDT holdings have also taken a hit with Bitcoin reserves now at $4.7 billion, down 32% from the previous figure of $7 billion, while USDT reserves have decreased by 48%, falling from $3.1 billion to $1.6 billion. This decline suggests investors may be offloading funds from Bybit in response to the recent security incident.