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Bybit Receives $4 Billion in Total Inflows in 24 Hours

Published by
Shrishesh Tanksalkar

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.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

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