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Bitget Loses $228M in 18 Minutes, Arkham Traces $350M Across 7 Chains

Bitget suffered a multi-chain breach with $228M drained in 18 minutes; Arkham traced roughly $350M total across seven blockchains, including $153M in XRP, as withdrawals remain paused.

Bitget Loses $228M in 18 Minutes, Arkham Traces $350M Across 7 Chains

$228M Drained in 18 Minutes

Attackers moved $228 million out of Bitget within an 18-minute window, triggering an immediate withdrawal pause for customers. Arkham's onchain analysis traced the fund flows across seven blockchains, putting the total breach at roughly $350 million.

$153M in XRP Leads the Traced Haul

Arkham identified $153 million in XRP as the largest single-asset tranche in the stolen funds. The remaining $122 million+ spans multiple chains and tokens, with investigators still mapping the full multi-chain trail.

Exchange Response and Ongoing Investigation

Bitget suspended withdrawals while the investigation continues. The exchange has not publicly disclosed the breach entry point or which specific chains were most affected beyond Arkham's seven-chain count. Withdrawals remain paused as Arkham tracks the remaining assets onchain.

Market context

⏱

Market data reflects conditions at publication time and is not updated in real time.

Data captured at: Sep 25, 2026 20:38 (Tehran)

Likely market impact

SegmentOutlook
Bitcoin● Neutral
Ethereum● Neutral
Altcoins▼ Negative
Short term▼ Negative
Long term● Neutral

Spot prices at publication

₿
BTC/USDTBitcoin
$83,925.39-0.52% 24h
Ξ
ETH/USDTEthereum
$2,690.43+0.34% 24h
◎
SOL/USDTSolana
$121.13+3.56% 24h

Fear & Greed Index

71Greed
Extreme FearFearNeutralGreedExtreme Greed

Chart

Source: Bitcoin.com News

Research and education only — not financial advice. Digital assets carry substantial risk; decisions remain yours.

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