XRP tops list of cryptos stolen in Bitget hack with $157 million
In this news:
Key takeaways
- Bitget Exchange suffered a security breach resulting in the theft of $157.4 million in crypto.
- Bitget CEO Gracy Chen stated that the user protection fund of $464 million covers the loss.
XRP, the native crypto token on the XRP Ledger (XRPL), topped the list of crypto assets drained from Bitget Exchange, a global centralized exchange (CEX), earlier on September 25, 2026.
At the time of writing, 102,926,478 tokens, worth over $157.4 million, had been siphoned from one of the Bitget hot wallets, as Finbold research showed.
The Bitget crypto heist saw 31,890 Ethereum (ETH) and 12,719 Binance Coin (BNB). Gracy Chen, CEO of Bitget, has reassured users that the funds are safe despite temporarily suspending withdrawals.
Bitget user protection fund coverage
Moreover, Bitget’s User Protection Fund can cover the entire stolen amount, holding over $464 million at the time of publication.
“User funds are safe. The full amount of this loss falls within the coverage of Bitget’s User Protection Fund, which currently holds over $464 million,” Chen noted.
XRP price performance amid Bitget’s hack
Over the past 24 hours, XRP price performance remained bullish despite the Bitget attack, catalyzed by rising whale demand amid the broader crypto positive sentiment. Furthermore, the token’s price surged over 16% during the last seven days, trading at $1.56 at the time of reporting.
During the five days, whales, XRPL addresses holding between 1 million and 10 million tokens, have increased their holdings by 470 million, worth approximately $724 million, as per data from Santiment.
Notably, Bitget’s XRP trading volume over the past 24 hours is $40,800,916, representing 0.85% of the token’s total reported volume of $4.7 billion, according to metrics from CoinMarketCap.
As a result, XRP’s confirmed uptrend, as Finbold explained, remained intact despite the $157 million Bitget hack, thereby signaling the token’s maturity as a globally traded cryptocurrency.
Share the article:
Trending News & Crypto World
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$181.58
Market Cap
$2.6B -0.60%
24h Volume
$80.2M
Supplies
14.6M / 14.6M
Current Price
$1.756
Market Cap
$2.6B -1.79%
24h Volume
$46.5M
Supplies
10.0B / 10.0B
Current Price
$0.1951
Market Cap
$2.6B -0.36%
24h Volume
$320.9M
Supplies
15.0B / 15.0B
Current Price
$1.142
Market Cap
$2.4B 0.00%
24h Volume
-
Supplies
2.1B / ∞
Current Price
$1.000
Market Cap
$2.4B 0.02%
24h Volume
$131.2M
Supplies
2.4B / ∞
Current Price
$1.150
Market Cap
$2.4B -0.16%
24h Volume
$4.8M
Supplies
2.0B / ∞
Current Price
$109.41
Market Cap
$2.3B -0.61%
24h Volume
$22.0M
Supplies
21.0M / 21.0M
Current Price
$1.000
Market Cap
$2.2B 0.00%
24h Volume
-
Supplies
2.2B / ∞
Current Price
$137.33
Market Cap
$2.1B -3.71%
24h Volume
$247.4M
Supplies
16.0M / 16.0M
Current Price
$0.9057
Market Cap
$2.1B 1.14%
24h Volume
$731.5K
Supplies
5.4B / 10.0B
Current Price
$0.4127
Market Cap
$2.0B -0.98%
24h Volume
$137.5M
Supplies
10.0B / 10.0B
Current Price
$0.004321
Market Cap
$2.0B 2.06%
24h Volume
$106.9M
Supplies
827.7B / 1.0T