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Bitget Resumes Bitcoin Withdrawals Following Security Incident

Siam Blockchain ·

Bitget has resumed Bitcoin withdrawals after a temporary suspension due to a security breach. According to CryptoQuant, users withdrew 3,326 BTC (approximately $276 million) within the first hour of the service being restored, reflecting significant user concern regarding platform security. The exchange confirmed that user balances remain unaffected and that deposit services remained operational throughout the incident. Bitget plans to gradually restore withdrawal services for other assets throughout the week. Despite the high volume of outflows, derivatives markets remain stable, with Bitcoin maintaining support levels above $78,000 and $80,000.

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Summaries are written by AI from the original article. Not investment advice.

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