XRP Suffers Biggest Hit as Bitget Hack Drains Over 102M XRP

The Bitget hack has taken a major toll on XRP, with more than 102.9 million XRP worth $157.48 million drained from the exchange. Bitget has officially confirmed it suffered a massive multi-chain security breach, accounting for an estimated $351.6 million loss.

XRP Takes the Biggest Hit in Bitget Hack

XRP suffered the largest loss among the assets affected by the Bitget hack. According to on-chain data platform Lookonchain, attackers drained exactly 102,926,478 XRP, worth around $157.48 million at the time of the incident.

The amount was far higher than the other major assets affected. Bitget lost around 31,890 ETH worth $85.75 million, while USDT losses stood at $34.75 million and USDC losses reached $21.06 million.

The gap shows why XRP stands out in the attack. Its stolen value was almost twice that of ETH, the second-largest asset affected.

Other losses included 19.67 million USDT0, 3,000 XAUt, 12,719 BNB, 821,012 AVAX and 20.59 million TRX.

The total value identified by Lookonchain reached around $356.86 million, slightly above Bitget’s reported $351.6 million figure.

How the Bitget Hack Happened

Bitget CEO Gracy Chen said the exchange detected unauthorized transfers at 18:31 UTC on September 24 and immediately activated its emergency response. Withdrawals were also temporarily suspended.