【Bitget Hack: $350 Million Stolen, $183 Million Laundered into ETH】

Bitget suffered a cyberattack, confirming losses of approximately $351.6 million. Monitoring data shows that the attackers have converted most of the stolen funds originally sourced from EVM chains into 67,982 ETH, worth about $183 million. This incident directly challenges the exchange’s credibility and expected security of its funds pool, and may trigger short-term market panic and liquidity fluctuations. Next, it will be important to watch Bitget’s official handling progress, whether affected users face withdrawal restrictions, and how the laundering routes of illicit actors may pressure ETH and other mainstream stablecoins/base assets.

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