Bitget sees nearly 5,000 BTC outflow as users withdraw following $387 million hack

Nearly 5,000 Bitcoin has exited Bitget's tracked reserves after the exchange resumed withdrawals on September 28 following a $387.5 million security breach. CEO Gracy Chen reported that 4,098 BTC were processed in customer withdrawals by 17:00 UTC+8, while DeFiLlama data indicates a total decline of approximately 4,642 BTC. The exchange, which froze withdrawals for four days, stated that attackers exploited third-party vulnerabilities to bypass risk controls. Bitget plans to restore Ethereum withdrawals on September 29, USDT on September 30, and other services by October 2.