Ethereum Hack Update

The hacker holding 489,000 ETH (1.4B) is unable to cash out due to fund restrictions. Some believe these “lost” ETH could have a positive long-term impact on price.

Meanwhile, Bybit has offered a 10% bounty for any information on the breach. ETH price has already risen by 3.5%, now trading at $2,785.78.

I believe that this may lead to an increase in the value of the token.