Bitget has transferred 2,042.28 BTC, worth about $169 million, after reopening its BTC withdrawal channel, according to on-chain analyst Ai Yi (@ai_9684xtpa). The analyst said a 5,500 BTC protection fund had been moved into Bitget hot wallets in batches to handle withdrawal demand. Of that total, 3,457.72 BTC remains on-chain. Ai Yi also noted that the transferred coins were moved in advance and should not be treated as equal to the platform’s actual withdrawal volume. The update focuses on wallet movements tied to Bitget’s operational response after BTC withdrawals were reopened, rather than confirmed user withdrawal figures.
Bitget has moved 2,042.28 BTC, worth about $169 million, after reopening its BTC withdrawal channel, according to on-chain analyst Ai Yi (@ai_9684xtpa).
Ai Yi said a 5,500 BTC protection fund was transferred into Bitget hot wallets in batches to handle withdrawal demand. So far, 2,042.28 BTC has been moved, while 3,457.72 BTC remains on-chain.
The analyst added that these tokens were transferred in advance and do not represent the platform’s actual withdrawal volume.
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