Bitget Shifts to Net Inflows as Ether Deposits Surpass Withdrawals
Bitget's withdrawal restrictions have been in place for three days, and during this time, the exchange has seen a significant shift to net inflows. This is a stark contrast to the peak withdrawals that occurred earlier. According to data, Ether deposits reached approximately 28,900 ETH on the third day, while only about 7,266 ETH was withdrawn.
This leaves Bitget with a substantial surplus of deposits over withdrawals. The previous day saw around $9.47 million in net deposits. It's worth noting that one large deposit came from an address that withdrew 20,000 ETH from Lido and transferred the assets to Bitget for participation in an ETH pool offering a stated 11.27% annual percentage rate.
Bitget's shift to net inflows suggests that users are regaining confidence in the exchange following the withdrawal restrictions.