Bitget Restarts BTC Withdrawals After Reported $388M Exploit; ETH Due Sept. 29
Key Takeaways
- •Bitget has reopened Bitcoin withdrawals, the first major asset restored following a reported $388 million exploit that had prompted the original suspension.
- •Ethereum withdrawals are scheduled to restart on September 29, 2026, but this is a planned date rather than a confirmation that withdrawals are already active.
- •USDT and all other remaining assets remain suspended, and no confirmed restart date has been published for them because Bitget's announcement was truncated before stating a status.
- •The exchange is restoring access asset by asset rather than reopening the entire platform, meaning availability of one asset does not imply availability of others.
- •THORChain has decided not to block fund movements tied to the Bitget exploit, indicating the broader resolution of the incident is still unfolding.

Bitget has reopened Bitcoin withdrawals following a reported $388 million exploit that prompted an earlier suspension, with Ethereum withdrawals scheduled to resume on September 29, 2026. USDT and any remaining assets are pending further notice, and the exchange has framed the restart as an asset-by-asset process rather than platform-wide reopening.
BTC withdrawals live again
Per Bitget's latest announcement, Bitcoin withdrawals are open again, making BTC the first major asset to come back online since the suspension took effect. The exchange is restoring access asset by asset, a meaningful distinction for users holding ETH, USDT, or other tokens, who cannot assume their assets are available simply because BTC is. As previously reported, the resumption follows the reported exploit that prompted the initial suspension. Withdrawal pauses of this kind are a standard containment measure after a security incident, limiting outbound transfers while affected systems are reviewed.
Before acting, BTC users should verify their withdrawal queue status directly on Bitget's platform, confirm network confirmation requirements are within expected ranges, and check whether any account-level withdrawal limits remain in effect.
What BTC users can verify before withdrawing
Users can check Bitget's official announcements page for asset-specific notices, confirm the withdrawal destination address on-chain using a Bitcoin block explorer such as Mempool.space, and review current network fee estimates before submitting. A live withdrawal status does not guarantee immediate processing if on-chain congestion is elevated.
ETH scheduled for September 29
Bitget has indicated that Ethereum withdrawals are scheduled to restart on September 29, 2026. That is a timetable, not a confirmation that withdrawals are already active. A scheduled date can shift if the exchange encounters technical issues or determines that additional security checks are needed. That possibility makes real-time status checks essential before attempting any transfer.
Scheduled versus completed availability
The distinction between a planned restart and live availability is the operative one. Readers expecting to move ETH on or after September 29 should treat Bitget's withdrawal status page as the authoritative signal rather than the announced schedule alone. Separately, THORChain's decision not to block movements tied to the Bitget exploit is a reminder that the broader resolution of the incident is still unfolding, making direct monitoring of official exchange communications the safest approach.
Once ETH withdrawals resume, users can confirm outgoing transactions on Etherscan using the destination wallet address before considering a transfer complete.
Why each asset's status must be checked separately
Bitget's available announcement headline is truncated after referencing USDT, cutting off before a date or status is stated. No confirmed USDT withdrawal restart date can be reported based on current evidence, and publishing a speculative date could lead users to initiate failed withdrawals.
For each asset, users should confirm: Is the withdrawal toggle active in the account dashboard? Has Bitget published a specific asset-level notice? Are there remaining hold periods or verification steps required? BTC, ETH, and USDT each carry separate liquidity profiles and settlement processes, giving Bitget reason to sequence availability rather than reopening everything simultaneously. USDT also circulates across several blockchains, which adds a network-selection variable on top of the asset-level toggle.
The confirmed picture based on available evidence: BTC is open per the exchange's statement; ETH is targeted for September 29; and USDT and any remaining assets are pending further notice from Bitget. Any change to that picture should come via an official Bitget announcement. Until the exchange publishes a complete schedule, each asset's status should be treated as independent.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.