Security· ★★★★· bearish·

Bitget Hacker Moves 54M XRP, Raising Fresh Selling Pressure Risk

  • —About 103 million XRP was stolen from Bitget and split across five wallets
  • —Two wallets holding 20 million XRP each were drained to 23 and 55 tokens
  • —Roughly 49 million XRP worth $75 million remains across the original five wallets
  • —Bitget will resume BTC withdrawals Sept. 28, ETH Sept. 29 and USDT Sept. 30
Why it matters: If the stolen XRP reaches exchanges, selling pressure could build and weigh on the token's price.
#XRP
Source: Cryptonews.com
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