Bitget: $351.6M Hack Drains XRP and ETH

Bitget suffered a $351.6M hack with thieves taking 102.93M XRP ($157.48M), 31,890 ETH ($85.75M), 34.75M USDT and other assets before swapping most proceeds on EVM chains into 67,982 ETH worth $183M.

Bitget exchange hack history shows the platform founded in 2018 has faced prior wallet incidents, while crypto hackers launder funds by swapping to ETH on EVM chains to obscure trails. On the 4h chart ETH trades at $2696.33 inside the Bollinger band with price testing upper resistance at $2790.2 and RSI at 52.63 neutral, yet the MACD death cross signals caution as a retracement toward the EMA50 support at $2644.79 appears likely before any sustained move higher.