Glassnode released the latest research report, indicating that Bybit BTC futures perpetual contract positions reached a historical high of $8.5 billion in May, SOL reached a new high of $1.2 billion, and ETH broke through $8.5 billion, setting a historical record. The market depth in May exceeded the pre-attack level. Earlier, due to a hacker attack, Bybit ETH positions experienced a historic contraction, with the bid-ask spread dramatically widening. Bybit processed 350,000 withdrawal requests within 12 hours.
Glassnode: Bybit liquidity has recovered from the hack
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