Ether prices are increasing further on appeal reports starting to buy ETH

The price of the second world cryptocurrency, Ether (ETH), increased by more than 2.3% in the last 24 hours, while the larger index of Coindesk 20 increased by 0.76% during of the same period. Bitcoin is down approximately 0.3%.

The increase comes in the midst of the reports by Bybit, the exchange of cryptocurrency which was hacked for $ 1.5 billion of ether and ether marked by the north-Korean hacking Lazarus, transferred USDT 100 million New addresses and transferred half of these addresses to buy 36,900 ETH on -thent.

The funds, worth around 101 million dollars, were then moved to the labeled addresses as belonging to the exchange of cryptocurrency, reported the journalist of Crypto Colin Wu, citing the data of Arkham Intelligence .

The CEO of Bybit, Ben Zhou, would have declared in a session “ask me anything” that the assets of the company were “much greater than $ 1.5 billion”, adding that “a cold wallet in safe with nearly 3 billion US dollars in USDT, “said the same source.

The bybit Pirate is now estimated titles at 489,000 ETH valued at around $ 1.34 billion, or about 0.4% of Ether’s total offer, making it the 14th holder of the cryptocurrency .

The addresses associated with the pirate are now closely monitored in space and are on black list by major cryptocurrency exchanges.

“The stolen funds have already been marked, which makes it extremely difficult for the Pirate to use them. Any attempt to transfer these funds to a major exchange would lead to an immediate block, “said Maria Carola, CEO of Stealthex, in Coindesk.

Since the hacker may not be able to use funds in any way, some analysts suggest that 0.4% of ETH’s supply he holds is “essentially over”.

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