#circletetherfreezebitgethackerwallet 🚨 BITGET HACK: $318K FROZEN. BUT 63K+ ETH STILL MOVING
The Bitget exploit has shown one of crypto’s security realities.
Circle and Tether listed a hacker’s wallet as blacklisted, freezing about $318K in USDC and USDT.
But here is the story 👇
🔹 Bitget breach is now estimated at about $387.5M
🔹 More than 63,000 ETH remains in wallets linked to the exploiter
🔹 ETH cannot be frozen by stablecoin issuers
🔹 Bitget says the attack involved a compromise of backend infrastructure not a leak
🔹 Bitget says its protection fund of $464M+ covers user losses
📌 Trader takeaway: Watch the wallets and ETH/XRP movements closely. Large transfers, to exchanges could add selling pressure.
The real question: Will the hacker keep holding ETH or will the hacker start distributing ETH through wallets?
What are you watching. ETH flows or Bitget recovery updates? 👇
#crypto #Ethereum #Bitget #khan6 $ETH $BTC $SOL