On-chain analyst Ai Yi said monitoring data shows that 3,215.28 BTC has already moved out of Bitget’s BTC protection fund, which originally held 5,500 BTC. Based on the figures cited in the report, the outflow was worth about $266 million, leaving 2,284.71 BTC still on-chain.
Ai Yi also said roughly 13 hours had passed since the latest transfer from a Bitget hot wallet. In her view, the first wave of BTC withdrawal demand may have been largely processed. She added that the next point to watch is ETH withdrawal activity.
The update was carried by Odaily as a brief market report and focused on wallet movements rather than any formal statement from the exchange.
Odaily reported that on-chain analyst Ai Yi said 3,215.28 BTC has left Bitget’s BTC protection fund, which originally held 5,500 BTC. The moved amount was valued at about $266 million, leaving 2,284.71 BTC still on-chain.
Ai Yi added that about 13 hours had passed since the most recent transfer from a Bitget hot wallet. She said the first wave of BTC withdrawal demand may have been largely handled, with ETH withdrawals now the next area to watch.
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