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

February 24, 2025 by DIGIT
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Ether price is down nearly 6% even though Bybit has been buying in bulk. Cointelegraph explains why.

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  • bitcoinBitcoin(BTC)$69,209.00-2.29%
  • ethereumEthereum(ETH)$2,047.15-2.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.44-0.72%
  • binancecoinBNB(BNB)$635.82-0.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.80-1.43%
  • tronTRON(TRX)$0.277716-0.45%
  • dogecoinDogecoin(DOGE)$0.094673-1.66%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%
© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$69,209.00-2.29%
  • ethereumEthereum(ETH)$2,047.15-2.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.44-0.72%
  • binancecoinBNB(BNB)$635.82-0.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$85.80-1.43%
  • tronTRON(TRX)$0.277716-0.45%
  • dogecoinDogecoin(DOGE)$0.094673-1.66%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%