Mirana Ventures Makes Waves: $600 Million ETH Deposit to Bybit After $500 Million BTC Sale

On February 26, COINOTAG reported significant activity in the cryptocurrency arena with Mirana Ventures making headlines. Over a span of three days, this prominent investment entity deposited a staggering $600 million in ETH into the Bybit exchange, positioning itself as the largest depositor of this digital asset following a notable hacking incident. This strategic move appears to be financed by the purported sale of approximately $500 million in BTC alongside $100 million in USDT, executed through reputable trading platforms such as FalconX, Galaxy Digital, and Wintermute OTC. Such transactions not only reflect the fluidity of the crypto market but also highlight the ongoing adaptations by major players to leverage market opportunities post-cybersecurity breaches.