Bitget tops up protection fund to $200M with 2,000 BTC from cold wallet
- —2,000 BTC worth $166M moved from cold wallet in two hours
- —On-chain protection fund balance now 2,484.71 BTC ($206M)
- —Fund size restored to the $200 million level
Why it matters: Restoring the fund after a $387.5 million exploit signals recovering confidence in the exchange's ability to cover user losses.
Source: PANews