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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)$89,616.00-2.64%
  • ethereumEthereum(ETH)$3,033.78-3.94%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.33%
  • binancecoinBNB(BNB)$885.73-1.87%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.40-3.60%
  • tronTRON(TRX)$0.2870240.08%
  • staked-etherLido Staked Ether(STETH)$3,034.51-3.98%
  • dogecoinDogecoin(DOGE)$0.139500-4.97%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,616.00-2.64%
  • ethereumEthereum(ETH)$3,033.78-3.94%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.33%
  • binancecoinBNB(BNB)$885.73-1.87%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.40-3.60%
  • tronTRON(TRX)$0.2870240.08%
  • staked-etherLido Staked Ether(STETH)$3,034.51-3.98%
  • dogecoinDogecoin(DOGE)$0.139500-4.97%