Bitget BTC Protection Fund Outflows Reach 3,215 BTC

On-chain analyst Ai Yi reported that 3,215.28 BTC, worth about $266 million, has flowed out of the Bitget BTC protection fund. With 2,284.71 BTC remaining on-chain and the most recent hot wallet transfer occurring 13 hours ago, the initial wave of withdrawal demand is nearing completion.