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

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 a monthly low of $345.3 million on August 1.

Throughout August, the fund maintained a valuation above its original $300 million commitment, with reserves supported by Bitget’s 5,500 BTC holdings. Based on the daily Protection Fund data, Bitcoin was priced between $62,773 and $80,268 during the month.

Bitget’s Protection Fund tracked Bitcoin’s August surge

August saw Bitcoin gain momentum following a relatively subdued start to the month, accelerating sharply in the second half and moving above $80,000 before easing toward month-end.

Bitcoin rose from $62,773 on August 1 to $78,553 on August 31, an increase of more than 25%.

The appreciation contributed to a higher valuation for Bitget’s BTC-denominated Protection Fund, which ended the month at approximately $432 million.

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