After Bitget opened ETH withdrawals, the balance of its related hot wallet did not decrease but instead rose, and has now slightly exceeded its initial level.

BlockBeats news, September 29th, according to ai_9684xtpa monitoring, after Bitget opened ETH withdrawals, the related ETH hot wallet experienced a continuous outflow, followed by an inflow of ETH, and the balance has now slightly exceeded the initial level before withdrawals were opened.

According to its observations, address 0xED9...18771 is suspected to be the hot wallet prepared by Bitget for handling ETH withdrawals this time. Before opening withdrawals, the address had a balance of approximately 30,000 ETH, which then continued to flow out over the next half hour, dropping to about 25,000 ETH at one point, after which ETH inflows occurred again.

ai_9684xtpa speculates that, on one hand, the previous BTC withdrawals had already made users more reassured about Bitget's withdrawal recovery; on the other hand, the ETH PoolX event launched by Bitget (locking ETH to share airdrops) may have also played a certain role in the return of ETH.