Bitget Protection Fund Sees Over 3,215 BTC Outflow

On-chain analyst Ai Yi reported that 3,215.28 BTC, valued at approximately $266 million, has been moved out of the Bitget protection fund, which originally held 5,500 BTC. Currently, 2,284.71 BTC remain on-chain. The latest transfer to a Bitget hot wallet occurred 13 hours ago, suggesting a slowdown in initial withdrawal demand.