The $351M incident is serious, but it’s too early to conclude that Bitget users’ funds are gone. Bitget $BGB says the incident involved its hot- and warm-wallet infrastructure, while its cold wallets remained secure. The attacker has not been conclusively identified, and the investigation is still ongoing. More importantly, Bitget says its User Protection Fund holds more than $464M,above the reported $351M affected amount. Withdrawals were paused as a security precaution while the investigation continues. Users should watch for Bitget’s full incident report, updates on the investigation, and confirmation that withdrawals have safely resumed. These details should clarify the breach’s scope, whether customer funds $BTC were affected, and what safeguards Bitget is putting in place to prevent a repeat. Please, share your thoughts. #BTC Price Analysis# #Macro Insights#
