As of February 21st, data from Defillama indicates that Bybit currently holds a total of $15.727 billion in assets under management (AUM). This impressive figure reflects the growing prominence of the exchange within the cryptocurrency market. The breakdown reveals that $6.263 billion is allocated to Bitcoin, reinforcing its position as the leading digital currency. Additionally, Ethereum follows closely with an AUM of $5.18 billion, signifying strong investor confidence in its ecosystem. Furthermore, notable allocations include $1.35 billion in SOL and $1.143 billion in TRON, showcasing a diversified portfolio that highlights the growing interest in alternative cryptocurrencies. These figures are crucial for market analysts and investors alike, emphasizing the significance of major exchanges in shaping the landscape of the cryptocurrency sector.
Source: https://en.coinotag.com/breakingnews/bybits-total-assets-reach-15-727-billion-featuring-6-263-billion-in-bitcoin/