According to @zachxbt, Bybit experienced a significant security breach, leading to an outflow of $1.4 billion in ETH, stETH, cmETH, and mETH. The perpetrator is actively converting stETH, cmETH, and mETH into ETH. This activity is crucial for traders as it may impact the liquidity and pricing of these tokens. Monitoring the mentioned blockchain addresses is advised for further movements.

According to @zachxbt, Bybit experienced a security breach resulting in $1.4 billion worth of ETH, stETH, cmETH, and mETH being siphoned from the platform. The hacker is actively converting stETH, cmETH, and mETH into ETH, which could impact market stability and liquidity. The transactions are being tracked to addresses 0x47666fab8bd0ac7003bce3f5c3585383f09486e2 and 0xa4b2fd68593b6f34e51cb9edb66e71c1b4ab449e, as per the information provided by @lookonchain.