$157M Worth of XRP Stolen in Bitget Hack — What Does It Mean for XRP Price?

• Bitget lost $157.5M worth of XRP in a hack, making it the largest stolen asset.
• The stolen XRP represented about 44% of the $351.6M in crypto taken during the Bitget hack.
• XRP stayed near $1.54 despite the breach, gaining 16% over the past week.

Crypto exchange Bitget has suffered a security breach in which hackers stole more than 102.9 million XRP, worth about $157.5 million. According to analytics firm Lookonchain, the attacker stole about $351.6 million in crypto in total, and XRP was the largest stolen asset by value. The stolen funds included:

• 102.9 million XRP — $157.5 million
• 31,890 ETH — $85.8 million
• $34.75 million USDT
• $21.06 million USDC
• Other crypto assets

Essentially, the stolen XRP accounted for about 44% of the total value. Meanwhile, Lookonchain said the attacker had already converted most of the stolen funds on EVM-compatible n…

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