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

Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?
Altcoin | February,24 2025

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

Read more from the news source

Related news

Card image cap
Crypto funds raked in $2B last week, pushing 3-week haul to $5.5B
Card image cap
FTX Estate To Begin Paying Major Creditors With $11,400,000,000 in Cash Reserves: Report
Card image cap
Crypto reality series Killer Whales returns with $1.5M prize for startups
Card image cap
‘Up Only’ Phase Commencing After Crypto Market Correction Completes, According to Closely Followed Trader
Card image cap
XRP traders eye rally to new all-time highs at $5.85 as key support holds
Card image cap
Native Asset of Bitcoin DeFi Project Surges by More Than 55% This Week Amid New Token Buyback
Card image cap
Floki Memecoin Project in Plans To Launch Exchange-Traded Product for European Investors in Q1 of 2025
Card image cap
Analyst Says Top Ethereum Rival Is Starting To ‘Look Good Again,’ Outlines Path Forward for Bitcoin and Stacks