Update: Bybit may have purchased 106498 ETH through market makers

According to BlockBeats, on February 23rd, according to monitoring by Ashes, addresses suspected to be Bybit or its affiliates (0x2E4... b77) received 34743 ETH from Wintermute 20 minutes ago. Bybit is likely to have purchased 106498 ETH in the past day or so: through Galaxy Digital, FalconX, Wintermute. This address started receiving ETH after receiving 100 million USDT from Bybit's cold wallet and transferring it to FalconX and Galaxy Digital.