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Time Details
2025-02-22
00:41
Bitget Supports Bybit with 40,000 ETH Loan Amid Withdrawal Surge

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.

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