⚡️🇰🇵 NEWS - After the Bybit attack, North Korean hacker group Lazarus converted ETH to BTC and now owns 13,562 Bitcoin worth $1.14 billion.
North Korea is now one of the largest government holders of Bitcoin.
🔹 Bitcoin: 13,562 BTC ($1.14 billion)
🔹 Ethereum: 13763 ETH ($26.20 million)
🔹 BNB: 5022 BNB ($3M)
🔹 Stablecoins: $3.5 million
I guess this helps explain the dismal performance of eth recently
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Then how do you explain ETH's dismal performance before the hack? I think it's because it's a shitcoin not designed to be a store of value, and people are just beginning to understand the difference.
can't argue with that
