Bitget transfers 2,000 BTC worth $166 million to protection fund over two hours

  • Bitget transferred 2,000 BTC from a cold wallet to its protection fund address.
  • 2,000 BTC were valued at $166 million during the transfer.
  • GracyBitget and xiejiayinBitget promised to replenish the fund to $300 million within one week.

Bitget transferred 2,000 BTC from a cold wallet (offline crypto storage) to a protection fund address over the past two hours, worth $166 million at the time of monitoring. The address now holds 2,484.71 BTC valued at $206 million. On-chain analyst Ai Yi tracked the movement, while GracyBitget and xiejiayinBitget had previously promised to replenish the protection fund to $300 million within one week.

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