According to Crypto Rover, Bybit has purchased 21,667 ETH valued at $46.25 million through Mirana Ventures via an OTC transaction. This acquisition has not yet led to a noticeable price increase in ETH. Market participants may need to consider current liquidity conditions and potential off-market impacts to understand the absence of a price movement. (Source: Crypto Rover)

According to Lookonchain, Mirana Ventures, which is associated with Bybit, has recently acquired another 21,667 ETH valued at $46.25 million from FalconX through an OTC transaction. This follows a previous acquisition of 265,912 ETH, valued at $700 million, post-Bybit hack. These strategic acquisitions are aimed at stabilizing Bybit's reserves, with Mirana's capital being anchored by Bybit's co-founders.

According to Lookonchain, Mirana Ventures, associated with Bybit, has acquired another 21,667 ETH valued at $46.25 million from FalconX via an OTC transaction just four hours ago. This follows a previous acquisition of 265,912 ETH worth $700 million, which was deposited into Bybit after a hacking incident. The capital for these transactions is reportedly backed by Bybit's co-founders.

According to Ai 姨 (@ai_9684xtpa), Mirana Ventures recently deposited $50 million USDT to Falconx and later purchased 21,667 ETH worth approximately $46.25 million, at an average price of $2134. This substantial fund has been moved to a Bybit wallet, suggesting a strategic position in ETH.

According to AltcoinGordon, Mirana Ventures has deposited $600 million worth of ETH to ByBit over the last three days. This significant movement was facilitated by selling $600 million in Bitcoin (BTC) and Tether (USDT). This activity indicates a strategic repositioning in their portfolio, potentially ahead of anticipated market movements. Such large transactions can influence market liquidity and trading strategies, making it crucial for traders to monitor potential impacts on ETH price action.

According to @0xScopescan, Mirana Ventures transferred 5,000 ETH, valued at $16.32 million, to Binance a few hours ago. Following this transaction, Mirana Ventures now holds only 20.6 ETH, equivalent to $67,000.