[Single-Day ETH Contract Trading Volume: Bybit Ranks First, Up 354.01% Year-on-Year] According to on-chain analyst Ai Yi's monitoring, Bybit ranked first in ETH 24-hour contract trading volume, reaching $21.58 billion, a year-on-year increase of 354.01%. The market speculates that abnormal price fluctuations in the early hours may have been caused by issues with Bybit market makers. Earlier reports indicated that BTC and ETH experienced abnormal price fluctuations within a span of about 10 minutes starting at 00:05, with trading volumes on multiple exchanges significantly amplified. The market speculates that this may be related to errors in grid strategies employed by certain market makers.