Bybit Receives $4 Billion in Total Inflows in 24 Hours

As per the data released by TenArmor and SoSoValue, Bybit has recorded an inflow exceeding $4 billion in the past 12 hours. This includes 63,168.08 ETH, $3.15 billion in USDT, $173 million in USDC, and $525 million in CUSD. The majority of these transactions involve transfers from Bybit’s cold wallets to hot wallets, facilitating withdrawals and bridge loans from external parties.