PANews reported on February 25 that according to on-chain analyst Yu Jin’s monitoring, 20 minutes ago, Bybit returned 47,800 ETH (about $113.97 million) supported by “institutions/whales who withdrew from Binance.” Previously, a total of 4 institutions/individuals provided Bybit with a loan support of 120,000 ETH.

Bybit has now repaid 40,000 ETH to Bitget and 47,800 ETH to "institutions/whales who withdrew from Binance." There are also 12,652 stETH of MEXC and 20,000 ETH in the 0x327...45b address to be repaid.