Bybit recovers liquidity levels 30 days after hack — Kaiko

Quick Summary:

Source: KaikoRelated: Hacken CEO sees ‘no shift’ in crypto security as April hacks hit $357MBybit's incident responseThe Bybit exchange was hacked by cybercriminals on February 21, 2025, resulting in $1.5 billion in stolen funds.

The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds.

According to a report from crypto research and analytics firm Kaiko, Bitcoin's (BTC) 1% market depth, a measure of liquidity, returned to pre-hack levels of around $13 million per day in March 2025.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets: United States

Topics: Levels Pre-hack Crypto Liquidity Market 2025 Funds Exchange February Bitcoin Bybit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 17:50:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28475047

View Article Analysis

About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 34 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions