TREE NEWS update: Bitget has opened BTC withdrawals as scheduled under its phased withdrawal plan. ETH-related networks will open on Sept 29 at 16:00 (UTC+8), USDT networks on Sept 30 at 16:00 (UTC+8), and other token withdrawals plus fiat and C2C services will resume progressively from Oct 2 at 16:00 (UTC+8). CEO Gracy Chen and Greater China head Xie Jiayin are hosting a public livestream on the security incident.
Bitget Opens BTC Withdrawals, Phased Schedule Runs Through Oct 2
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AI take
Reopening BTC withdrawals first is a liquidity signal: it tests whether the venue can process redemptions without reigniting the run that forced the freeze. The staggered schedule keeps ETH and USDT, the deepest pools, gated longest, so the real stress point is still ahead. The livestream with senior management matters less as reassurance than as the first substantive account of the incident; whether it produces a credible explanation, and whether withdrawals stay open once larger networks resume, is the open question.
Generated by AI for reference only.
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