Bitget reports about $351.6 million stolen at 3 a.m., with $192.6 million taken on EVM chains
AI Market Summary
Bitget reportedly suffered a ~$351.6m theft, with ~$192.6m on EVM chains largely in stablecoins and ETH. The attacker has been converting stolen assets into ETH and is said to hold ~68.5k ETH, concentrating immediate sell/hedge risk and raising counterparty and security concerns across centralized exchanges. Near-term impact centers on ETH liquidity conditions and broader risk appetite in crypto.
Impact level
● High
Affected assets
ETH/USDT+0.47%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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Crypto exchange Bitget said it suffered a security incident at 3 a.m., with total stolen assets of about $3.516 billion. About $1.926 billion of the losses occurred on EVM chains, mainly involving stablecoins and ETH. In the hours after the incident, the stolen stablecoins and other assets were gradually swapped into ETH. As of publication, the hacker’s EVM address holds about 68,500 ETH, worth about $1.84 billion, and the exchange has not disclosed attack details or a response plan.
