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Wire · operational-macro

Bitget crypto hack triggers record $463M exchange outflow in a day

Published

29 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

Global

◆ Source

Read at en.cryptonomist.ch →

◆ Verified

Fusion42 · 30 September 2026 · Fusion42 review

Bitget suffered a $388 million crypto hack followed by a record $463 million withdrawal in a single day after lifting withdrawal restrictions, marking the largest one-day net outflow tracked by proof-of-reserves data trackers. Despite these events, Bitget maintains approximately $5.7 billion in reserves.

This Wire brief sits within Fusion42's coverage of Fintech, and 6 sources have reported it between 24 Sep 2026 and 1 Oct 2026.

◆ ◆ The Wire takeaway

Crypto exchanges face intense trust battles after hacks, with your users ready to flee at the first chance. You must plan how to restore confidence fast or risk a sudden run that could undo your platform.

◆ Coverage

6 sources · first reported 24 Sep 2026 · latest 1 Oct 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-hackexchange-outflowproof-of-reserveswithdrawal-limitcrypto-security