Bitget Hack Drains $351M, Lazarus Group Suspected in XRP Theft
XRP (XRP)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Bitget crypto exchange said unauthorized transfers from some of its hot and warm wallets on Thursday drained nearly $351 million in crypto. XRP is the largest stolen asset, valued at nearly $157.5 million. Bitget CEO Gracy Chen and some on-chain analysts suspect North Korea’s Lazarus Group.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 25 September 2026. Not the outlet's figures.
XRP is trading at $1.53 with a 1-hour buy ratio of 47.9%, indicating a slight preference for selling in the immediate short term. This contrasts with the 4-hour buy ratio of 52.2%, which shows a majority of buyers over that slightly longer window. The 1-hour volume delta is -$302,596, meaning more money flowed out than in during the last hour, while the 4-hour delta is +$2,614,525, showing net buying over the past four hours. Over the last 24 hours, the buy ratio is 50.6% and the volume delta is +$3,349,519, suggesting that buying pressure has been dominant over the full day but is currently fading in the most recent hour.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Compared to the preceding week, the current 24-hour volume is 0.88x the average, indicating lighter trading activity than usual. The 24-hour buy ratio of 50.6% is 1.2 points higher than the 7-day average of 49.4%, showing a marginally stronger buying bias than the recent norm. While the coin has seen an 18.4% price increase over eight days, the total volume delta for that period is -$6,113,513, indicating that despite the price rise, more capital has exited than entered over the week. This suggests that today's trading volume is below average, making it an unusually quiet day relative to the recent weekly trend.