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Security incident · 2025-04-20

Bitget

According to the public DefiLlama incident dataset, Bitget suffered a security incident on 2025-04-20, with about $100.0M reported lost.

Date2025-04-20
Reported loss$100.0M
Chain—
Target typeCEX
Technique classMarket Manipulation
TechniqueMarket Maker Bot Exploited
Bridge incidentNo
Within 2025#4 by loss that year, 3.7% of all reported losses that year

How this kind of attack works

The attacker moved prices in a thin market and profited from protocols that relied on those prices.

Would a pre-payment check have helped

Needs other controls

Market manipulation is a liquidity and market-design problem.

Other incidents with the same technique

Sources

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