Bitget flagged in onchain reports of a possible $100M-plus exploit
Security & Exploits ·
Onchain analysis suggests the exchange Bitget may have been hacked for over $100M, though the exchange has not confirmed the reports.
Onchain analysis circulating on Telegram indicates Bitget may have been hacked for over $100M. The figure has not been independently verified by the exchange, and no official statement confirming or denying an exploit has been cited in the material reviewed.
The claim rests on onchain observation rather than a disclosed incident report, meaning the mechanics of any breach — whether it involved a hot wallet compromise, a smart contract vulnerability, or another vector — remain unspecified. No transaction hashes, affected wallets, or timeline of events have been provided alongside the headline figure.
Multiple accounts have circulated versions of the same claim, with descriptions ranging from Bitget "may have been hacked" to more specific framing that the exchange was "potentially hacked for over $100M according to onchain analysis." Four distinct sources are tracked as covering this cluster, indicating the report has spread across separate channels rather than originating from a single post.
The consistency across these separate mentions lends some weight to the underlying onchain signal, but consistency alone does not substitute for confirmation from Bitget itself or from a named blockchain security firm. No statement from Bitget acknowledging an exploit, pausing withdrawals, or addressing user funds has been included in the available reporting.
What remains unresolved is whether the $100M figure reflects funds actually moved out of Bitget-controlled wallets, an estimate based on suspicious transaction patterns, or another methodology entirely. Also unknown is any response timeline from the exchange, whether affected assets have been identified, and whether law enforcement or blockchain forensics firms have been engaged. Confirmation or denial from Bitget, along with wallet-level onchain evidence, would be the next material development to watch.