Bitcoin, Ethereum, XRP, Dogecoin See Friday Blues After Massive $1.4 Billion Bybit Hack
Posted On February 21, 2025
Cryptocurrency markets are trading lower on Friday after a $1.4 billion hack on Bybit dragged down the market.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $95,385.38 | -3.1% |
| Ethereum (CRYPTO: ETH) | $2,634.96 | -4.3% |
| Solana (CRYPTO: SOL) | $168.78 | -3.5% |
| XRP (CRYPTO: XRP) | $2.52 | -6.9% |
| Dogecoin (CRYPTO: DOGE) | $0.2400 | -5.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001494 | -4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 12.3% and daily active addresses growing by 4%. Transactions greater than $100,000 are up from 9,587 to 9,988 in a single day. Exchanges netflows are up by 105.3%.
- Coinglass data reports 188,950 traders were liquidated in the past 24 hours for $551.47 million.
Notable Developments:
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