$351 million stolen from BitGet.
Bitcoin should have crashed hard.
Instead… it held $84,000 like nothing happened.
Here’s why:
The exchange had a $464M protection fund → zero retail panic.
Hackers dumped $351M of stolen crypto onto the market.
But Spot ETF inflows brought in $2.8 BILLION in buying power in just 6 days.
Institutional demand swallowed the entire sell pressure.
The $84k floor never broke.
This is the new Bitcoin market structure.
Hacks still happen.
But the network is no longer fragile.
Bitcoin should have crashed hard.
Instead… it held $84,000 like nothing happened.
Here’s why:
The exchange had a $464M protection fund → zero retail panic.
Hackers dumped $351M of stolen crypto onto the market.
But Spot ETF inflows brought in $2.8 BILLION in buying power in just 6 days.
Institutional demand swallowed the entire sell pressure.
The $84k floor never broke.
This is the new Bitcoin market structure.
Hacks still happen.
But the network is no longer fragile.