Bitget: BTC Withdrawals Resume With 2042 BTC Fund Move
Bitget opens BTC withdrawals as 2042.28 BTC from 5500 BTC protection fund hits hot wallets, with 3457.72 BTC remaining on-chain and plans to top up to $300M.
SourceAnalysis
Bitget reopened BTC withdrawals at 16:00 on September 28, routing 2042.28 BTC worth roughly $169 million from its 5500 BTC protection fund into hot wallets while 3457.72 BTC remains on-chain.
Price sits at $82955.34 on the 4h chart, testing the lower Bollinger Band support at $83073.49 beneath the EMA50 resistance at $83463.39 while the EMA200 at $78830.63 anchors longer-term structure; the MACD death cross at -120.05 and RSI at 38.2 confirm bearish momentum, suggesting any relief bounce stalls near upper resistance at $85181.97 before retesting the 50-EMA floor.
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