Bitget Withdrawal Restart: BTC Open, ETH Set for Sept. 29

Bitget is restoring withdrawals on a staggered, asset-by-asset schedule following a security incident, with Bitcoin already available for outbound transfers, Ethereum targeted for September 29, and USDT set to follow in a subsequent phase.

Withdrawal status by asset: what is open now

BTC withdrawals are live as of the exchange’s announcement, making Bitcoin the first asset cleared for user access in the post-incident recovery. ETH is slated for September 29, while no specific date has been supplied for USDT resumption, according to CryptoSlate’s coverage of the exchange’s statement. For related coverage, see $202B Treasury Coupons Settle Sept. 30 as $143.58B Debt Matures.

The sequencing reflects asset-specific reserve verification timelines. Bitget’s decision to open Bitcoin first is consistent with the fact that the hacker’s subsequent activity involved ETH routing through THORChain, which likely required additional forensic review before the exchange could certify its ETH reserves.

What the phased schedule means for users

Users holding ETH on Bitget should be able to initiate withdrawals from September 29, but the exchange has not published a precise UTC time for that window. Availability can shift if additional issues surface during the security review, so verifying status in-app or via official Bitget channels before initiating a transfer remains the safest approach.

USDT holders face the longest wait, with no confirmed date. Tether’s presence across multiple networks, including Ethereum and Tron, means reserve verification for stablecoins carries more operational complexity than a single-chain asset like Bitcoin, which may explain the absence of a USDT timeline in the initial announcement.

The broader security context spans several concurrent investigations. NEAR Intents reported blocking approximately $50 million in hack-related flows, and AMLBot traced a portion of stolen BTC to Wasabi CoinJoin mixing, indicating the attacker is actively attempting to obscure fund origins. Meanwhile, THORChain’s refusal to blacklist hack-related addresses has extended the complexity of asset recovery efforts across decentralized routing layers.

For decentralized AI infrastructure and agent-operated wallets that route liquidity through centralized exchange rails, this incident underlines the operational risk of custody concentration. Exchange-level withdrawal halts create hard blockers for any autonomous agent holding assets on affected platforms, a gap that on-chain settlement layers and non-custodial protocols are positioned to address as institutional AI agent deployment scales.

Additional source references: source document 1.

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.