By Isaac • September 28, 2026 7:14 pm •
Bitget’s reopening is giving the market its first hard look at customer behavior after the exchange’s $387.5 million security breach—and the initial movement is substantial.
Bitget CEO Gracy Chen said the exchange had processed 9,585 Bitcoin withdrawal orders totaling 4,098.036 BTC by 5 p.m. in Singapore on Monday. Separate wallet data showed an even larger decline in the exchange’s tracked Bitcoin balance.
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According to CryptoSlate, DeFiLlama tracked about 30,770 BTC after the reopening, down from roughly 35,412 BTC. That difference—about 4,642 BTC—was worth approximately $391 million at prevailing prices.
The two figures should not be treated as identical. Exchange-wallet trackers can pick up internal movements and changes in address coverage as well as customer withdrawals, but
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