The claim remains unconfirmed. Neither the reported attack method nor the final loss total had been established at publication. The Block said it had contacted Bitget to ask whether the transfers were tied to a security incident and whether withdrawals had been paused, but no public explanation had been identified at publication.
The alerts concern wallets associated with Bitget’s exchange infrastructure; they do not establish a compromise of the separately branded Bitget Wallet self-custody app.
What the on-chain trail reportedly shows
The Block reported also that on-chain data appeared to show more than $170 million moving from Bitget hot and cold wallets to one address over roughly an hour. The transfers reportedly included ETH, USDT, USDC, AVAX and BNB.
The initial reports identify both hot a...


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