Ethereum price drops despite Bybit reportedly buying $700M ETH — Why?

Ether ( ETH) price dropped 5% on Feb. 24, despite reports that crypto exchange Bybit acquired $740 million worth of ETH from the open market. Some traders expected a price rebound after the Feb. 21 …

Full story: https://cointelegraph.com/news/ethereum-price-drops-despite-bybit-reportedly-buying-700m-eth-why