Bitget paused BRC-20 withdrawals starting from 18:20 on October 2. The announcement said the reason was “to improve the trading experience,” with the time for resumption to be announced separately. A month before that, on August 2, there was another deposit and withdrawal suspension at the same time; that time, the stated reason was “wallet maintenance.”
Viewed together, it’s clear that on the exchange side, the channel for BRC-20 is being closed. At the same time, the activity on-chain did not stop: on Alkanes, the first collection, Aries Orbitals, has already been minted, with 3,000 cards distributed across 1,221 addresses; on Alkanes, the Cheese Vault farm is still releasing by block.
These two things aren’t contradictory—the exchange is handling an older asset standard, while the chain is running the newer one. Where funds and attention go is often not decided by the announcement; it’s decided by which side still has things you can do.
$BTC $FB #Bitcoin #BRC20
As for your BRC-20 right now—are you still withdrawing it from the exchange, or did you move it onto the chain to play with it directly long ago?
Viewed together, it’s clear that on the exchange side, the channel for BRC-20 is being closed. At the same time, the activity on-chain did not stop: on Alkanes, the first collection, Aries Orbitals, has already been minted, with 3,000 cards distributed across 1,221 addresses; on Alkanes, the Cheese Vault farm is still releasing by block.
These two things aren’t contradictory—the exchange is handling an older asset standard, while the chain is running the newer one. Where funds and attention go is often not decided by the announcement; it’s decided by which side still has things you can do.
$BTC $FB #Bitcoin #BRC20
As for your BRC-20 right now—are you still withdrawing it from the exchange, or did you move it onto the chain to play with it directly long ago?