Bitget’s Protection Fund averaged $382M in August as Bitcoin’s recovery lifted its reserves. The fund stayed above Bitget’s $300M commitment throughout August, reaching $441.5M at its peak. B
Bitget’s Protection Fund recorded an average valuation of $382 million in August 2026. Bitcoin’s recovery in the second half of the month helped push the fund well above its $300 million commitment.
Notably, the fund peaked at $441.5 million on August 27 and fell to a low of $345.3 million on August 1. It stayed above $300 million throughout the month.
In August, Bitcoin traded between $62,773 and $80,268, rising more than 25%, ending August at $78,553. Since much of the Protection Fund is held in Bitcoin, the price increase r…
Read The Full Article Bitget Protection Fund Hits $441M as Bitcoin Rally Boosts Reserves On Coin Edition.
