Bitget XRP Heist: 54 Million Tokens Moved as Market Awaits Next Move

Nearly 103 million XRP was stolen from Bitget in a major breach, and the hacker has since moved about 54 million of those tokens out of three of the five original wallets.

The remaining 49 million XRP is still parked across the original accounts, but the pattern of movement suggests that it may be preparation for liquidation.

This development raises concerns about potential selling pressure on XRP and its price. While the market has reacted relatively calmly so far, with a 3% drop in 24 hours but still holding onto a weekly gain of 3%, the situation is still uncertain.