Date: 2025-05-07
The Bybit exchange has recovered its liquidity to pre-hack levels just 30 days following the February 2025 attack that drained nearly $1.5 billion in funds.According to a report from crypto research and analytics firm Kaiko, Bitcoin's (BTC) 1% market depth, a measure of liquidity, returned to pre-hack levels of around $13 million per day in March 2025.Bitcoin liquidity on Bybit exchange rebounds to pre-hack levels. Source: KaikoAltcoin liquidity levels on the exchange have been slower to recover than Bitcoin but have rebounded to around 80% of the pre-hack levels. The authors of the Kaiko report added:"This lag is largely due to the risk-off market environment, which has impacted altcoins more severely. While Bitcoin is still seen as a risk...
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