The current situation is that individual investors are withdrawing coins and some large investors are recharging, but overall there is still a net outflow. Bybit still needs more measures to increase the confidence of retail investors. The situation of Bybit is much better than FTX this time. Firstly, it is supported by other CEX. After experiencing FTX, the exchanges also understand the principle of mutual prosperity and mutual loss. If there is a serious run, Bybit's underwear will be exposed. If there is a financial loophole, the next step will be a run on other small and medium-sized exchanges. This time Bybit's processing is also more mature than FTX, and the market response is more positive and proactive. Actually, Bybit's withdrawal today was very aggressive, but everyone had a tacit understanding not to forward the data to avoid panic. Even if you are physically withdrawing money, you are still verbally supporting it. We started building positions yesterday afternoon, but unfortunately we were interrupted by the wave of Bybit. Before this incident is fully settled, the counterfeit market makers dare not act rashly. And how to handle Bybit's actual 1.4 billion Ethereum in the future is also a problem. The more Ethereum rises, the greater the Bybit vulnerability.