CoinScoopBitget Protection Fund Reaches $206 Million Following 2,000 BTC Injection
Bitget has replenished its user protection fund by transferring 2,000 BTC, worth approximately $166 million, from a cold wallet over the past two hours. The fund's on-chain balance now stands at 2,484.71 BTC, valued at about $206 million. CEO Gracy Chen and the head of the China region, Xie Jiayin, previously announced plans to increase the fund to $300 million within a week.
Summaries are written by AI from the original article. Not investment advice.