#WalletActivityInsights After yesterday's incident, which was the hacking of the Bybit platform and the seizure of a quantity of Ethereum estimated at a value of 1.4 billion
Selling operations began due to panic and fear
We were on the verge of surpassing the obstacle of 100000 $
But a correction process began
As happened, we reached a support point of 95500 $
A rebound has now occurred above 96000 $
My personal opinion is that the market will stabilize and recover faster in a few days
Especially since the platform owner promised that compensation will be given at a value of 1.1 billion, which is good
Secondly, withdrawal operations have resumed on the platform
And this is also positive
We now need to regain trust in the market, as this incident is much less severe than the FTX incident
In the coming days, we will see movement again, God willing.