Bitget Reopens the withdrawal portal for BTC; protective funds are transferred in batches to hot wallets
2026-09-28 17:27:28
CoinMeta data: According to on-chain monitoring, Bitget has reopened the withdrawal portal for BTC. A total of approximately 5,500 BTC in the protection fund is being transferred in batches to the Bitget hot wallet. So far, 2,042.28 BTC have been transferred, valued at about 169 million US dollars, with 3,457.72 BTC still remaining on-chain. Analyst AI pointed out that this portion of funds is an advance allocation and therefore cannot be directly equated with the actual number of user withdrawals. Bitget CEO Gracy Chen stated that the company will continue to replenish the protection fund to the 300 million US dollar benchmark within a week.
Source:X
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