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Phyrex|Feb 21, 2025 16:21
The previous friend asked me why it was just a physical injury, and the bald tweet explained that the loss was about 10%. This size is not a big problem for Bybit.
I roughly estimate that if Bybit's revenue can reach half of Coinbase's (Coinbase's net revenue for the full year of 2024 is $2.579 billion), then this money is equivalent to one year's net profit. If it is a quarter of Coinbase's, it would be around two years' net profit.
However, in reality, Bybit's contract returns are not low, and the worst estimate is around a quarter of Coinbase's. In fact, there is a possibility that the returns may be higher, so it will only hurt the bones and prevent bankruptcy.
This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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