
Bitget sees over $1B in withdrawals after hack, but outflow quickly fades
- —About $1.08 billion left Bitget between Sept. 28 and Oct. 5
- —$512 million in BTC was withdrawn on Sept. 28, the first day of reopened BTC withdrawals
- —Withdrawals totaled $168 million on Sept. 29 and $216 million on Sept. 30
- —Daily outflows fell to $5–7 million by Oct. 3–4
Why it matters: The rapid slowdown suggests panic among Bitget users has eased and the breach did not trigger a sustained run on the exchange.
Source: Koin Bülteni