Security· ★★★★· neutral·

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  • —$512 million in BTC was withdrawn on Sept. 28, the first day of reopened BTC withdrawals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