Bitget turns to net inflows three days after resuming withdrawals

Capital outflows at crypto exchange Bitget have begun to stabilize after it resumed withdrawals following a hacking incident, with flows now shifting into net inflows. According to X account EmberCN, Bitget is running a high-yield stablecoin deposit program and PoolX ETH and BTC staking events. Since yesterday afternoon, the exchange has seen inflows of about 28,900 ETH and outflows of just 7,266 ETH, marking a large net inflow. In particular, one whale address withdrew 20,000 ETH, or about $54.66 million, from Lido and transferred it to Bitget’s deposit pool offering an annual yield of 11.27%. More than $31.73 million in funds flowed in this morning.