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#BitgetHackerMoves$83MStolenXRP
On September 24, 2026, attackers moved roughly $387.5 million in crypto from Bitget-controlled hot/warm wallets, according to Bitget’s latest incident update.
Bitget
Around 103 million XRP was initially stolen, worth roughly $160 million at the time.
The attacker has now moved about 54 million XRP worth ~$83 million out of the original wallets. About $75 million of XRP reportedly remains in the original holding wallets.
The important issue is that XRP itself cannot simply be frozen on the XRP Ledger. Recovery therefore depends heavily on exchanges and other services identifying and blocking the stolen funds when they arrive.
Bitget says its cold wallets were unaffected and that its User Protection Fund covers the losses.
Some stolen assets are already being routed through multiple chains and services; AMLBot reported that roughly 4 BTC linked to the theft entered a Wasabi CoinJoin, making tracing harder.
What this could mean for XRP
The $83M movement itself doesn't automatically mean XRP will crash. The bigger market concern is whether the hacker starts converting the remaining XRP into other assets and eventually sends them toward exchanges. That could create selling pressure if a large amount reaches liquid markets.
Also, don't assume the entire $83M will hit the market at once—the funds are being split across wallets and cross-chain routes.
Bitget's own incident page identifies the main XRP attacker address as
#BitgetHackerMoves$83MStolenXRP
On September 24, 2026, attackers moved roughly $387.5 million in crypto from Bitget-controlled hot/warm wallets, according to Bitget’s latest incident update.
Bitget
Around 103 million XRP was initially stolen, worth roughly $160 million at the time.
The attacker has now moved about 54 million XRP worth ~$83 million out of the original wallets. About $75 million of XRP reportedly remains in the original holding wallets.
The important issue is that XRP itself cannot simply be frozen on the XRP Ledger. Recovery therefore depends heavily on exchanges and other services identifying and blocking the stolen funds when they arrive.
Bitget says its cold wallets were unaffected and that its User Protection Fund covers the losses.
Some stolen assets are already being routed through multiple chains and services; AMLBot reported that roughly 4 BTC linked to the theft entered a Wasabi CoinJoin, making tracing harder.
What this could mean for XRP
The $83M movement itself doesn't automatically mean XRP will crash. The bigger market concern is whether the hacker starts converting the remaining XRP into other assets and eventually sends them toward exchanges. That could create selling pressure if a large amount reaches liquid markets.
Also, don't assume the entire $83M will hit the market at once—the funds are being split across wallets and cross-chain routes.
Bitget's own incident page identifies the main XRP attacker address as
