Bitget resumes withdrawals five days after a $352M hack, with $6.78B in tracked onchain assets still held.
Security & Exploits ·
Bitget has resumed customer withdrawals five days after experiencing a security breach resulting in a $352 million loss. Onchain monitoring indicates that funds are again flowing out of the exchange's hot wallets, a sign that operational capacity has been restored following the incident.
The exchange currently maintains approximately $6.78 billion in tracked onchain assets, which represents the portion of its holdings that can be monitored via blockchain analysis. This figure provides visibility into Bitget's liquid reserve position but does not capture assets held in cold storage or non-onchain accounts.
The rapid resumption of withdrawals suggests Bitget has stabilized its platform within a five-day window, though the full scope of the breach—including whether additional funds were affected or whether security measures have been hardened—remains unclear from available onchain data alone.