ETH Withdrawals Resume as Part of Phased Recovery @Bitget restored $ETH withdrawals on September 29, the second stage of a carefully staged comeback after a security breach that forced the ex
@Bitget restored $ETH withdrawals on September 29, the second stage of a carefully staged comeback after a security breach that forced the exchange to freeze all withdrawals five days earlier. The Seychelles-registered exchange restored Ether withdrawals at 08:00 UTC on Tuesday, September 29, marking the second stage of a phased restart that began with Bitcoin a day earlier, following a security breach on September 24 that froze customer withdrawals for four days.
ETH withdrawals were opened across the Ethereum, BSC, Arbitrum, Base, and Optimism networks on September 29 at 8 a.m. UTC. The $BTC reopening had preceded it by one day, with BTC withdrawals becoming available at 08:00 UTC on September 28 as scheduled, beginning a phased restoration of services after security checks across Bitget's withdrawal infrastructure.
The exchange was responding to a security incident that resulted in the transfer of approximately $387.5 million in digital assets to attacker-controlled addresses.Bitget says attackers exploited a third-party security product to obtain credentials and forge withdrawal commands.Bitget says its protection fund holds more than $464 million and that customer account balances were never altered.
Early flow data from the $ETH reopening offered a broadly positive signal for the exchange. As of 09:00 UTC, ETH inflows were approximately 9,674 ETH and outflows approximately 9,023 ETH, a net inflow of about 651 ETH in the first hour after the restart. Rather than a rush to the exit, the numbers suggest that a meaningful portion of users chose to keep funds on the platform, at least in the immediate aftermath of the reopening.
The recovery roadmap does not end with $ETH. USDT withdrawals are scheduled for September 30 across Ethereum, BSC, Solana, and Tron, with remaining tokens, fiat services, and peer-to-peer transactions set to resume on October 2.Bitget's technical team says it has fixed the vulnerabilities behind the breach and is running extra checks with help from Mandiant and SlowMist.
SourcesCrypto Times: Bitget Reopens ETH Withdrawals, Reports 651 ETH Net InflowThe Block: Bitget Starts Phased Withdrawal Resumption Following $388 Million ExploitBitget Official: Withdrawal Service Update, September 24, 2026
