Bitget Hacker Moves $19.48M in Bitcoin Amid Ongoing Asset Redistribution
Arkham reports that the Bitget hacker has transferred nearly $20 million in Bitcoin across 52 transactions.
Arkham reports that the Bitget hacker has transferred nearly $20 million in Bitcoin across 52 transactions. Bitcoin (BTC) is trading at $80,586.00. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Sat, 24 Oct 2026 10:45:03 UTC.
The continued movement of stolen funds highlights the ongoing challenges exchanges face in securing assets and tracking illicit transactions. It also raises concerns about potential market impacts if the funds enter circulation.
- Bitget hacker moved $19.48M in 52 Bitcoin transactions.
- Transfers occurred between Oct 21-22, per Arkham data.
- Bitcoin's 24h price dropped 1.33%, adding market pressure.
The Bitget hacker has initiated the transfer of $19.48 million in 
Bitcoin, according to blockchain analytics firm Arkham. The transactions, totaling 52 separate transfers, were executed between 10:02 UTC on October 21st and 02:48 UTC on October 22nd.
This development comes after the September security breach of Bitget, which resulted in the theft of a significant amount of cryptocurrency. The hacker's decision to move the funds indicates an attempt to further obscure the trail and potentially liquidate the assets.
Arkham's tracking of these transactions provides critical insights into the hacker's activities, though the ultimate destination of the funds remains unknown. The movement of such a large sum could have implications for Bitcoin's market dynamics, especially given the current market conditions.
Bitcoin's price has declined by 1.33% in the past 24 hours, currently trading at $38,606. This downturn may be influenced by the news of the hacker's fund movements, as market participants react to the potential for increased selling pressure.
The broader cryptocurrency market is also experiencing a downturn, with the total market cap at $2.76 trillion. The Fear & Greed Index stands at 51, indicating a neutral sentiment among investors.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $80,606.00 to $80,586.00 — -0.02%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $80,000 October 19-25?
Crowd-implied probability on Polymarket, $78.18K 24h volume, resolves Oct 26 — snapshotted when this brief published (Oct 24 09:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦111.21M (about $80,586.00), down 1.3% over 24 hours. The naira itself trades about 3.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitget Hacker Moves $19.48M in Bitcoin Amid Ongoing Asset Re — questions & answers
How much Bitcoin did the Bitget hacker move?
The hacker moved $19.48 million in Bitcoin across 52 transactions.
When did the transfers occur?
The transfers took place between October 21st and 22nd.
What is the significance of these transfers?
The transfers suggest the hacker is attempting to redistribute stolen funds, posing challenges for tracking and potential market impact.
How much is 1 Bitcoin worth in naira today?
About ₦111.21M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,586.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.