Ripple Inflows Spark Loan Speculation After Bybit Security Breach

Cryptocurrency exchange Bybit is facing renewed scrutiny following a significant security breach, with substantial inflows of XRP tokens leading to speculation about potential liquidity support through loans. 51.9 million XRP (roughly $128.78 million) were recently transferred from an anonymous wallet to Bybit on February 24, 2025, prompting discussions about potential support arrangements for the beleaguered exchange. This follows a similar transfer of 40 million XRP just days prior, which raised concerns about Bybit’s ability to fulfill withdrawals.