Bitget's Protection Fund Averages $382 Million in August

Bitget's protection fund recorded an average value of $382 million in August 2026, exceeding its original commitment of $300 million. The reserve reached a high of $441.5 million on August 27 and a low of $345.3 million on August 1.

The fund's value was boosted by the position of 5,500 BTC, which tracked Bitcoin's rise in the second half of August. During this period, Bitcoin fluctuated between $62,773 and $80,268, eventually ending the month at $78,553 - a gain of over 25%.

The protection fund was created by Bitget in 2022 as an additional layer of protection to safeguard user assets in extreme market events. The company publishes regular updates on the fund's valuation, providing transparency into the available reserves.