Binance's Suspicious Asset Movements Before Bybit Hack
Binance's Suspicious Asset Movements Before Bybit Hack
🕵️ Binance Knew Something
A significant pattern has emerged in recent crypto events:
Binance made major asset movements on Feb 11, 2025: • 94.1% reduction in BTC holdings (-$4.33B) • 99.9% reduction in ETH holdings (-$5.83B) • USDC holdings increased by 57.5% to 1.26B
Ten days later, on Feb 21, Bybit experienced a $1.46B hack: • 499,395 ETH stolen • Largest single crypto exploit in history • Represents 16% of all crypto hacks combined
The timing and scale of Binance's ETH liquidation just before the hack has raised questions in the crypto community about potential advance knowledge of the security breach.
Bybit was hacked $1.5B just prior to this liquidation. Coincidence? You do the math.
JUST IN: $1,480,000,000 liquidated from the cryptocurrency market in the past 24 hours.