Bitget: Hacked for $351.6 Million
Bitget hacked for $351.6M as attacker swaps stolen funds on EVM chains into 67,982 ETH worth $183M.
SourceAnalysis
Bitget was hacked for approximately $351.6 million, with the attacker already converting most proceeds on EVM chains into 67,982 ETH valued at $183 million, echoing prior exchange security incidents since the platform's 2018 founding.
Funds laundering on EVM chains continues to dominate post-hack flows while ETH sits at $2693.5 inside a bullish structure with EMA50 support at $2644.68 and EMA200 at $2449.29; neutral RSI at 52.15 and MACD death cross point to short-term volatility exhaustion at the upper Bollinger Band of $2790.21, suggesting a healthy retracement toward the 50-EMA before continuation and shaping ETH price prediction amid broader crypto market crash concerns and AI industry impact on trading infrastructure.
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@lookonchainLooking for smartmoney onchain