Bitget Protection Fund In June 2025 Hits $716 Million

VICTORIA, Seychelles, July 11 (Bernama) -- Bitget, the leading cryptocurrency exchange and Web3 company, has released its monthly report on Protection Fund which has reached a high of $716 million in June 2025, more than doubling its original benchmark of $300 million. The fund, designed to serve as a safeguard for users in extreme market conditions, maintained a consistent 6,500 BTC balance throughout the month. Its value fluctuated with market prices, with the average monthly valuation settling at around $687 million.

The highest daily valuation was recorded on June 9, driven by BTC prices topping $110,000. At its lowest on June 22, the fund stood at approximately $655 million, still well above the pledged minimum. This level of reserve reflects a stable security buffer that operates independently of insurance or third-party guarantees.