Bitcoin rally pushes Bitget’s Protection Fund to $382M average in August

Crypto Insight Summary: Bitget, the world’s largest Universal Exchange (UEX), has released its latest Protection Fund report, showing an average valuation of $382 million in August 2026 as Bitcoin rallied through the second half of the month, lifting the fund’s U.S. dollar valuation. The Protection Fund reached a monthly high of $441.5 million on August 27 and recorded... Crypto Insight Analysis: Direction: Bullish GT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bitcoin rally boosts Bitget's Protection Fund, signaling platform strength.