Security· ★★★★· bearish·

BNB holds near $775 after $351.6M Bitget hack

  • —Bitget confirmed $351.6 million drained from hot and warm wallets on Sept. 24
  • —Cold wallets were unaffected; the $464 million protection fund covers losses
  • —BNB trades near $775, below its Sept. 22 high above $800
  • —BNB Chain TVL stands near $5.8 billion, DEX volume at $9.21 billion
Why it matters: Any movement of stolen BNB to exchanges could add selling pressure and threaten the $748–750 support, exposing $720 next.
Source: Invezz