Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?

Posted On February 24, 2025

Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.

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DogeMan

Bitcoin (BTC) $ 70,990.00 0.3%
Ethereum (ETH) $ 2,097.82 0.46%
Dogecoin (DOGE) $ 0.095777 0.5%
Litecoin (LTC) $ 55.64 0.9%
Shiba Inu (SHIB) $ 0.000006 0.61%
Pepe (PEPE) $ 0.000003 0.64%
Grin (GRIN) $ 0.043073 0.71%
Grin (GRIN) $ 0.043073 0.71%
Grin (GRIN) $ 0.043073 0.71%