Bitget resumes BTC withdrawals after $351.6 million hot-wallet outflow

  • Bitget resumed BTC withdrawals following a security incident.
  • 2,042.28 BTC ($169 million) moved to a Bitget hot wallet.
  • Bitget scheduled ETH and USDT withdrawals for Sept. 29 and Sept. 30.

Bitget has resumed BTC withdrawals following an unauthorized outflow of about $351.6 million from some hot wallets during a Sept. 25 security incident. On-chain analyst ai_9684xtpa said 2,042.28 BTC, valued at $169 million, had so far moved to a Bitget hot wallet, while 3,457.72 BTC remained at an on-chain protection fund address. The exchange said ETH withdrawals would resume from 8:00 a.m. UTC on Sept. 29 and USDT withdrawals from 8:00 a.m. UTC on Sept. 30, after BTC withdrawals began from 8:00 a.m. UTC on Sept. 28.

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Bitget resumes BTC withdrawals after $351.6 million hot-wallet outflow - CoinPost Terminal