With the news of a serious hack on bybit a popular exchange wallet most us here uses, even though it has nothing to do with bitcoin directly yet I find it necessary to remind you all that leaving your coins or assets in an exchange wallet is a big red flag and for every reason always find a way to move your coins to a safe open source wallets.
Coin security should be a priority. buy bitcoin and never leave them on an exchange wallet or any wallet that does not guarantee good percentage of security.
A popular exchange wallet called Bybit has been hacked. Many people are panicking because of this. I want to say that there is no direct connection between Bitcoin and Bybit exchange. Since Bybit was hacked, the Bitcoin market has become very unstable. Because many people are selling Bitcoin in panic.
When the Bitfinex cryptocurrency exchange was hacked in 2016, the Bitcoin market was still very unstable. At that time, the value of Bitcoin had decreased by 20%.
https://techcrunch.com/2016/08/02/bitcoin-drops-20-after-70m-worth-of-bitcoin-was-stolen-from-bitfinex-exchange/But even after that, the price of Bitcoin has continued to increase. 21.2.2025 The price of Bitcoin has dropped by 5 percent after the Bybit exchange wallet was hacked. No one is selling volatile Bitcoins. This is the time to buy Bitcoin. Everyone is interested in the fact that the price of Bitcoin will increase very soon.
Do not use any wallet that does not provide good security for you. Find and use open source wallets.