What changed
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach
Why it matters
Exchange operations around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered
Trading lens
Use this as defensive context from cointelegraph.com. Watch whether bitget CEO ‘not very optimistic’ on recovering funds from $388M breach confirms momentum, invalidates active bias, or changes timing.