May 29, 2026·Bullish·onchain activity

Wallet Withdraws $1M ZIG From Bybit Before Buybacks

A large wallet, reportedly holding around $6 million, recently withdrew over $1 million worth of ZIG tokens from the Bybit exchange. This significant transaction occurred notably ahead of scheduled ZIG buybacks. The unusual timing of the withdrawal has drawn attention within the crypto community.

Detected & updated continuously · Source: Ruma

Mentioned

ZIGChain (zig)

@Bybit_Official

Sources

@Alima_dao88

INTERESTING FLOW HERE. Everyone will focus on the $ONDO & $HYPE withdrawals because they're established narratives. The one that stands out to me is $ZIG. A wallet sitting on roughly $6M just pulled over $1M worth of @ZIGChain off @Bybit_Official while buybacks are scheduled to