Bybit restores liquidity one month after $1.5B hack

Bybit has recovered liquidity to pre-hack levels within 30 days of a $1.5 billion breach in February 2025, Kaiko reports. Bitcoin market depth rebounded fully, while altcoin liquidity returned to 80%. The hack was linked to a compromised SafeWallet developer device. Bybit kept withdrawals open and confirmed sufficient reserves, with industry support aiding recovery, Cointelegraph reported.