Reports flag suspected Bitget wallet compromise after over $170 million moves, some swapped to ETH

On-chain activity has raised suspicions of a security incident involving Bitget wallets, with reports saying more than $170 million in assets moved and other coverage putting the amount above $180 million, including an estimate of $183 million. The incident and total losses remain unconfirmed ^{[1] [2] [3] [4] [5]}.

Reports said assets were transferred from wallets identified as Bitget hot and cold wallets, with some funds swapped into ETH. Wu Blockchain reported that three hot wallets and one cold wallet were suspected of compromise and that the wallets still held about $530 million in assets ^{[1] [2]}.

Bitcoin Sistemi reported that a newly created address acquired 7,111 ETH in six minutes using about 19.67 million USDT0 from a Bitget hot wallet on Arbitrum. The attack method had not been established, and no public explanation from Bitget had been identified in the cited reporting ^{[6] [4]}.