According to EmberCN, Bybit has received a total of 120,000 ETH in loan support from five institutions/individuals, amounting to $320.97 million. The breakdown includes Bitget with 40,000 ETH ($105.96 million), an institution/whale withdrawing from Binance with 11,800 ETH ($31.02 million), MEXC with 12,652 stETH ($33.75 million), and another institution/whale from Binance with 36,000 ETH ($96.54 million). These substantial transactions indicate significant institutional interest and liquidity infusion in Bybit, which could impact Ether's trading volumes and market dynamics. [source: EmberCN]

According to @EmberCN, Bitget has provided Bybit with a loan of 40,000 ETH, valued at approximately $105.96 million, to manage the surge in withdrawals following an ETH theft incident. These ETH were transferred directly from Bitget to Bybit's cold wallet address, as verified by intel.arkm.com.