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Bybit's 24-hour spot trading volume exceeded $8.9 billion on December 22, ranking it first in the industry, driven by over $7.1 billion in trading of the NIGHT token.
Mantle Network is distributing 250 million NIGHT tokens, worth a total of $10 million, through two airdrop campaigns on the Bybit exchange in December 2025.
Venture firm Dragonfly Capital transferred 6 million MNT tokens, valued at approximately $6.95 million, to the Bybit exchange over the past seven days.
BNB dropped 2.7% following the U.S. Federal Reserve's decision to cut interest rates by 25 basis points, reflecting broader crypto market weakness. The move places the token at a critical technical juncture, with further downside possible.