Bitget suspected of hack with over $170 million moved from wallets
- —A new address 0xe410…d946 bought 7,111 ETH in six minutes using 19.67 million USDT0
- —Some purchases were executed at roughly 5% above spot price
- —ETH, AVAX, BNB, USDC, XAUT, USDT0 and USDT were moved from Bitget-labeled wallets
- —Total assets withdrawn and converted to ETH reportedly exceed $170 million
Why it matters: If confirmed, it would be one of the year's largest exchange breaches and a blow to confidence in centralized platforms.
Source: Bitcoin Sistemi