Ethereum (ETH) is currently trading at $2,813.74, reflecting a recent increase of $124.89. In a significant security incident, Dubai-based cryptocurrency exchange Bybit experienced a hack resulting in the theft of approximately $1.5 billion worth of Ethereum. The breach occurred during a routine transfer from a cold wallet to a warm wallet, where attackers manipulated the transaction interface to gain control over the cold wallet, transferring its contents to an unknown address.
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Eth🫰
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#liquidation In 24 hours, positions worth $645.84 million were liquidated: long positions - $537.45 million and short positions - $108.39 million.
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