User Protection Fund

XRP has climbed nearly 10% in the past 24 hours and reached $1.60 even as Bitget disclosed losses of around $351.6 million from a major hack. ETF inflows, rising wallet creation, and a bull flag breakout are keeping $1.80 and $2.10 in focus for technical traders.

Bitget said $351.6 million was exposed after unauthorized transfers hit portions of its hot and warm wallet infrastructure. The exchange said cold wallets and user funds remain secure while withdrawals are temporarily paused for a security review.