TechFlow news — On October 11, Bitget released the latest data for its Protection Fund in September. The fund reached a peak of $340.9 million on September 20 and a low of $331.7 million on September 2, with an average size of $334.7 million throughout the month. The fund's value remained consistently above $330 million during September.
In November 2022, Bitget increased the fund's size to over $300 million, consisting of a portfolio of highly liquid cryptocurrencies including BTC, USDT, and USDC. Bitget has committed to maintaining the fund's value above $300 million over the next three years.
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