Bitget Protection Fund Has Seen 3,215 BTC Flow Out, Still Holds Approximately 2,285 BTC On-Chain

Odaily reports that according to on-chain analyst Ai Yi's monitoring, of the 5,500 BTC originally held by Bitget's BTC Protection Fund, 3,215.28 BTC has now flowed out, worth approximately $266 million, with 2,284.71 BTC remaining on-chain.

Ai Yi stated that approximately 13 hours have passed since the most recent Bitget hot wallet transfer, and the first wave of BTC withdrawal demand has likely been largely processed. Future attention can be directed toward ETH withdrawal activity.