Bitget’s Hot and Cold Wallets Hit in Suspected Hack Worth More Than $180 Million

A fresh address pulled ETH, stablecoins, tokenized gold and AVAX out of Bitget-labeled wallets over Thursday afternoon, and the exchange has not commented.

Bitget hot and cold wallets hit in suspected $180 million-plus hack

Posted September 24, 2026 at 5:23 pm EST.

Crypto exchange Bitget appears to have suffered a major, still ongoing, wallet breach on Thursday afternoon. A newly created address pulled more than $180 million in crypto out of wallets labeled as Bitget’s between 2:31 p.m. and 4:55 p.m. ET, onchain records show. Etherscan now tags the receiving address as Bitget Exploiter 1.

As of 5 p.m. ET, Bitget had not issued a public statement. Unchained has reached out to Bitget for comment. Several users on X said their withdrawals were stuck in review.

How the Funds Moved

The first transfer, a 0.84 ETH test, reached the new address at 2:31 p.m. ET from a hot wallet Etherscan labels Bitget 6. Within 30 minutes, the same address received about $34.75 million in USDT, $12.85 million in USDC and 3,000 XAUT, Tether’s tokenized gold, worth roughly $12.8 million.

Over the next hour it collected 24,373 ETH, about $65 million, from Bitget 6 and a second wallet labeled Bitget 35. Bitget 35 also sent it 821,012 AVAX, worth about $8.5 million, on Avalanche.