Glassnode report: Bybit successfully forged resilience benchmark after Lazarus hacker attack 'stress test'

BlockBeats News: On July 1st, on chain data agency Glassnode released a research report analyzing Bybit's cash flow performance and industry impact after being hacked for $1.4 billion in February 2025. The report points out that Bybit and the overall cryptocurrency market have shown unprecedented resilience, successfully avoiding chain reactions similar to FTX and Terra crashes, marking a significant increase in industry maturity. The key points of the report include: BTC, ETH, and SOL, the three major assets, have fully recovered and reached new highs; The daily trading volume of ETH has exceeded 8.5 billion US dollars, setting a historical record; After the Bybit attack, 350000 withdrawals were processed within 12 hours, and liquidity has fully recovered since April; There is no systemic risk in the industry, and investor confidence is steadily recovering. Glassnode stated that this incident has become a watershed for the maturity of the cryptocurrency market's resilience, and is expected to reshape external investors' confidence in the industry.