Bitcoin (BTC), Ether (ETH), where encryption prices collapse on a huge security incident report worth $ 1.5 billion

The prices of cryptocurrencies fell on Friday, reflecting early gains on reports that Crypto Exchange bybit was experiencing $ 1.5 billion in a possible security incident.

Bitcoin (BTC) slipped to approximately $ 97,000 after hovering near $ 100,000 early during the day, while ETHER (ETH) slipped nearly 4 %, decreased less than 2700 dollars.

COINGLASS data indicates that the sudden recession, which has declined for nearly $ 100 million of dodging derivative trading functions, and expects the prices to rise.

This step happened after Zachxbt, which is well -followed, indicated a “suspicious” flow of $ 1.5 billion. Ben Chu, CEO of BYBIT, confirmed the penetration company X post.

Update (Feb 21, 16:07 UTC): Details on liquidation and updates are added price procedures.

Read more: Bitcoin and Ether find a penetration of 1.46 billion dollars