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BlockBeats, citing monitoring by the on-chain analyst Ai Yi, reported that Bitget nearly 2 hours ago, 2000 coins were transferred to the protection fund address BTC, increasing the fund balance to 2484.71 coins BTC. This move was described as progress toward its 1 commitment to replenish 300000000 USD.
PANews reported that the Bitget Protection Fund balance has been updated to 3705 BTC, equivalent to approximately 307000000 USD, reaching a 300000000 USD scale.
Citing monitoring by on-chain analyst Ai Yi, BlockBeats said that Bitget BTC coins from 3215.28's protection fund have been transferred out, while the related address still holds approximately 2284.71 coins; the most recent hot-wallet transfer was approximately 13 hours ago.
X account @ai_9684xtpa stated that losses from the Bitget theft incident will be fully covered by its Protection Fund, noting that the fund is composed of the platform's own capital reserves.
