1. Home
  2. โฏ
  3. Companies
  4. โฏ
  5. Bitfinex
Bitfinex

Bitfinex status: access issues and outage reports

No problems detected

If you are having issues, please submit a report below.

Full Outage Map

Bitfinex is a crypto-currency exchange trading and currency-storage platform based out of Taiwan, owned and operated by iFinex Inc. Since 2014, it has been the largest Bitcoin exchange platform, with over 10% of the exchange's trading.

Problems in the last 24 hours

The graph below depicts the number of Bitfinex reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.

At the moment, we haven't detected any problems at Bitfinex. Are you experiencing issues or an outage? Leave a message in the comments section!

Community Discussion

Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.

Beware of "support numbers" or "recovery" accounts that might be posted below. Make sure to report and downvote those comments. Avoid posting your personal information.

Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

  • FUINY77
    FUINY7 (@FUINY77) reported

    @bitfinex Btc is broken, and you are delusional.

  • CryptoJM95
    CryptoJGM (@CryptoJM95) reported

    ๐ŸšจSOMEONE JUST OPENED A $16,000,000 $XRP LONG. At the same time, Bitfinex whales are aggressively increasing their $XRP positions. Wtf is going on???

  • iamrahulinc
    Rahul K (@iamrahulinc) reported

    ๐Ÿšจ๐—š๐—Ÿ๐—ข๐—•๐—”๐—Ÿ ๐—ฆ๐—ฃ๐—ข๐—ง ๐—ฉ๐—ข๐—Ÿ๐—จ๐— ๐—˜ ๐—ฃ๐—Ÿ๐—จ๐— ๐— ๐—˜๐—ง๐—ฆ ๐Ÿฎ๐Ÿญ.๐Ÿณ% ๐—œ๐—ก ๐—๐—จ๐—Ÿ๐—ฌ! Spot trading across 14 leading exchanges fell to $429.0โ€ฏbillion in July, down from $547.9โ€ฏbillion in June. Every exchange saw a dip. Binance led with $196.5โ€ฏbillion (45.8% of total), followed by OKX ($41.6โ€ฏbillion) and Bybit ($36.3โ€ฏbillion), together making up 64% of activity. Uniswap ($UNI) had the mildest drop at 9.8%, while Bitfinex slumped 59.7%, Coinbase 26.4% and Bybit 24.5%.

  • russian_bot_69
    8๏ธโƒฃ6๏ธโƒฃ.gwei (@russian_bot_69) reported

    @tulipking imo the only way to grow a centralized stablecoin is by having a dominant consumer product take the lead on pushing distribution: bitfinex pushed tether when it was dominant coinbase pushed usdc as second mover, still worked bc it was a rapidly growing coinbase doing the pushing not circle other exchanges now doing same eating market share being a middleman/infra (circle spinoff) just makes you slow to react and anticipate. they need their own dominant consumer app, whether its trading, payments or whatever can get them to dominate distribution if it was an actually 100% decentralized stablecoin like a liquity or raidollar then yeah the long term slow approach of credibly neutral middleman/infra could work. but all circle is offering is assurance of following regulations, which a decade in many players understand how to do themselves now

  • Mrbvnkstips
    Mrbankstips Parody (@Mrbvnkstips) reported

    Every crypto CEX shutting down like Bitfinex and others have one thing in common they bought ETH and over leveraged simple

  • Moloch6666
    Moloch (@Moloch6666) reported

    @vincent_vancode It's manipulated on the way down and up It has been discovered in court how tether is manipulating the prices with bots in cooperation with the biggest exchanges(bitfinex case).

  • Beautyon_
    Beautyon (@Beautyon_) reported

    "Heโ€™s publicly stated numerous times their desire to put Simplicity, their smart contract protocol, on Bitcoin mainnet. He calls it "the last softfork". It would require certain parts of Taproot that BIP110 would hinder. It would prevent them from putting non-bitcoin assets on the Bitcoin base layer. Simplicity is currently on their sidechain, Liquid." This is super interesting, isn't it? Liquid, the side chain that is adjacent to Bitcoin, where, if you want to get out of it requires the consent of the cabal of nodes who administer it, Their "Permission" if the amount you want to get back in to bitcoin is "too much at one time". If Simplicity is already live on Liquid, then surely, if Liquid has any utility at all, this is what you need to be promoting, not putting Simplicity onto Bitcoin. Promoting Simplicity on Liquid might turn around Liquid's fortunes, making it into Etherium 2.0 and increasing Liquid's user base. At the moment, very few people are using Liquid. and it is not in widespread use. It has been live since 2018 but remains very much a niche network. The clearest metric is L-BTC in circulation: on the order of 3,000โ€“4,000 BTC as of early 2026, versus roughly 130,000+ BTC wrapped on Ethereum and around 5,000 BTC in public Lightning Channel capacity. Most Liquid activity comes from a small set of participants; Bitfinex, SideSwap, Boltz swaps, and tokenized-asset issuance (e.g., Blockstream's ASSETS platform, El Salvador-related bond experiments), rather than broad retail or merchant adoption. The 15-member federation model has also kept some of the Bitcoin community at arm's length. It is a fundamental weakness in the model because trust is at the core of its architecture and design. Wallet support reflects this profund failure to capture market share. Out of the hundreds of Bitcoin wallets in circulation, only about a dozen support Liquid: Blockstream App (from Blockstream, which means they must support it) Blockstream Jade (hardware) AQUA (JAN3) SideSwap Marina (Vulpem, browser extension) Bull Bitcoin Wallet (uses Liquid internally for swaps) Ledger (limited, via Liquid app) BTCPay Server (via plugin, merchant-side) Specter/Elements-based desktop setups (for technical users) So as a proportion of Bitcoin wallets, Liquid support is in the low single digits percentage wise, and several of those are Blockstream's own products or companies closely aligned with it. The mainstream wallets, Electrum, BlueWallet, Muun, Phoenix, Sparrow, Trezor Suite, Exodus, Coinbase Wallet, Wallet of Satoshi, Phantom and the majority of others do not support it. The wallet runners have development teams who know exactly what they're doing, and they've rejected Liquid. Why is that? Putting Simplicity on Liquid was not enough to midwife the creation of Etherium 2.0 and bring "Crypto" heads into the Liquid ecosystem, and so having failed there or being too impatient to work on growing Liquid, they want to go straight to Bitcoin, and have Simplicity running in two places. The question is this; why are Blockstream in a privileged position to put their own scripting language into Bitcoin? If another company has another language, should that also be put into bitcoin? Is adding scripting languages to Bitcoin a privilege only for Blockstream, or can anyone do it. I think the answer is, "I'm the only one" because Blockstream's spokesperson says, "This is the last soft fork", meaning that no future languages will ever be soft forked into Bitcoin. Excuse me? Who elected these people as the guardians and final arbiters of what does and does not go into bitcoin? I think after BIP-110 there will be 0 chance of getting Simplicity into Bitcoin; after all, it is already fully live and available to anyone who wants it on Liquid, so they are free to experiment in that playpen, where they can harm no one. And that is the way it should be. Running your own sidechain where people can opt in and experiment under the rules of the committee is exactly how things should be architected. Liquid causes no harm to bitcoin, and is completely ethical. What it does show however, is no one wants that stuff. It's not compelling at all, or attractive; trust is anathema to bitcoiners. What makes anyone think Simplicity on bitcoin will be a hit? Hopefully that particular experiment is never run and we never have to find out at everyone's expense!

  • catchingflaws
    catching flaws (@catchingflaws) reported

    Alts did a full 180: 67 green, 9 red, avg +2.8%. $ARB +35% on record DEX volume โ€” the L2 finally woke up. $DASH +12.9% riding the privacy bid, OI up 49%. Losers are rounding error: $POL -4.2%, $LEO's -2.4% is just Bitfinex noise. BTC dom 59.1%. Sentiment: BUY โ€” 67/9 breadth, alts beating BTC as dominance slips.

  • samsainlove2
    samsainlove .ยฐห–โœง (@samsainlove2) reported

    @bitfinex BEWARE ! BITFINEX HOLDING CUSTOMERS FUNDS PRETENDING COMPLIANCE ISSUES !

  • realUrbanHacker
    Urban Hacker (@realUrbanHacker) reported

    After the Coldcard hack the vultures arrived on schedule, circling in perfect formation, announcing that self custody is de facto dead. You've read the posts. If only these poor souls had kept their coins "on an exchange," none of this would have happened. Adults said this out loud, in public, with their real names attached. So let's do the thing nobody circling the corpse wanted to do. Let's look at the data. ๐Ÿ”ด Mt. Gox โ€” 2014 Hot-wallet theft + years of mismanagement โ†’ insolvency ~850,000 BTC (~200k later recovered) ๐Ÿ”ด Bitfinex โ€” 2016 Hot wallet breach ~119,756 BTC ๐Ÿ”ด Coincheck โ€” 2018 Hot wallet breach (NEM) ~523M XEM (~USD 530M then) ๐Ÿ”ด Zaif โ€” 2018 Hot wallet breach ~5,966 BTC + other assets (~USD 60M) ๐Ÿ”ด QuadrigaCX โ€” 2018โ€“19 Not a classic hack: founder death + "inaccessible" cold wallets; monitor found big shortfall / suspected fraud ~26,000 BTC + other coins (~CAD 190โ€“250M+) ๐Ÿ”ด Cryptopia โ€” 2019 Hacked, then liquidation (BTC + alts) ~USD 16M+ initially reported ๐Ÿ”ด Binance โ€” 2019 Hot wallet breach 7,000 BTC (~USD 40M โ€” SAFU covered users) ๐Ÿ”ด KuCoin โ€” 2020 Hot wallets breached ~USD 275M mixed tokens ๐Ÿ”ด BitMart โ€” 2021 Hot wallets breached ~USD 150โ€“200M mixed ๐Ÿ”ด FTX / Alameda โ€” 2022 Fraud & insolvency; customer funds misused ~USD 8โ€“10B shortfall ๐Ÿ”ด DMM Bitcoin โ€” 2024 Unauthorized outflow 4,502.9 BTC (~USD 300M+) ๐Ÿ”ด WazirX โ€” 2024 Multisig / custody breach ~USD 230โ€“235M mixed ๐Ÿ”ด Bybit โ€” 2025 Cold-wallet / signer exploit ~401,000 ETH (~USD 1.4โ€“1.5B), not BTC-led Custodial and protocol heists together โ€” centralized exchanges plus DeFi and bridges โ€” run into the tens of billions of dollars over their lifetime at event prices, with single bad years clearing USD 2โ€“3B in hacks alone. That's not counting fraud, insolvency, or the founder who dies with the keys in his head. One Coldcard wave: roughly USD 0.04โ€“0.07B. Do the division. Very rough math puts Coldcard at somewhere between 0.1% and 1% of a single bad year, and comfortably under 1% of lifetime headline losses from exchanges and DeFi combined. It is a rounding error. It is the tip you leave on the bill for everything else that got stolen this decade. And it is being used as an argument to hand your keys back to the same institutions that produced the top of that table. But I'm not going to end on a smug ratio, because something about this genuinely bothers me. The people who lost money here were not degens. They weren't farming yield on a bridge held together with hope and a Discord moderator. They were the careful ones โ€” the people who read the guides, bought the hardware, wrote the words down on steel, and did everything the responsible adults told them to do. Playing it safe is exactly what got them hit. That's the part that stings, and anyone selling you a custodial account off the back of their pain should be treated accordingly. The conclusion doesn't move, though. Verify your entropy, verify your seed on a second implementation, stop trusting single black boxes โ€” and understand that from a strict safety analysis, your funds have never been safer than in self custody.

  • Blaze3Win
    ๐Ÿ”ฅBLAZE๐Ÿ”ฅ๐Ÿ’ŽDIAMONDS๐Ÿ’Ž (@Blaze3Win) reported

    @AshCrypto ETH pulling back to $1,670 support while Bitfinex longs go vertical and Bitmine buys $73 million weekly is the dip that gets absorbed before the $1,850 reclaim that opens $2,400 ๐Ÿ’Ž While the support holds and the next leg loads, ETH native yield via DIAMONDS keeps compounding without forced selling #BLAZE #DIAMONDS

  • ____Holyspawn
    Giovanni Colombo๐ŸŒนโšก๏ธ๐Ÿ‡ธ๐Ÿ‡ป $69Mil gang founder (@____Holyspawn) reported

    @bitfinex There is clearly no correlation sigma at all between these 2. And correlations , even at sigma above 0.9, could still means deep ****, even eggs price could be more significant than this one vs #Bitcoin. ๐ŸŒน

  • Ssas_33
    Sumbull (@Ssas_33) reported

    @MaxCrypto Bitfinex whales donโ€™t known ****

  • Difoxxn
    difoxxn (@Difoxxn) reported

    $๐—•๐—š๐—• ๐—ฏ๐˜‚๐—น๐—น๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐—ผ๐˜‚๐˜ ๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜€๐—ฒ๐—น๐—น๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚ ๐—ฎ "๐˜‚๐—ป๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฎ๐—น ๐—ฒ๐˜…๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ" ๐—ณ๐—ฎ๐—ถ๐—ฟ๐˜† ๐˜๐—ฎ๐—น๐—ฒ ๐˜„๐—ต๐—ถ๐—น๐—ฒ ๐˜๐—ต๐—ฒ ๐˜๐—ผ๐—ธ๐—ฒ๐—ป ๐—ถ๐˜๐˜€๐—ฒ๐—น๐—ณ ๐—ถ๐˜€ ๐—พ๐˜‚๐—ถ๐—ฒ๐˜๐—น๐˜† ๐—ด๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฒ๐—ธ๐˜. ๐—Ÿ๐—ฒ๐˜'๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ผ๐˜€๐—ฒ ๐˜๐—ต๐—ฒ ๐—ด๐—ฎ๐—ฝ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—บ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ผ๐—ป-๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ฟ๐—ฒ๐—ฎ๐—น๐—ถ๐˜๐˜† Bitfinex just yeeted $BGB off their platform (delisted July 3). And the "official reason"? A vague "listing qualifications review." Translation: read between the lines yourself. Meanwhile Bitget's out here launching Stocks 2.0 like it's the second coming of TradFi. Cool story. But nobody's talking about the fact that $BGB's 24h volume is a measly $10M on a $1.18B cap. That's a 0.85% vol/cap ratio. This thing trades like a ghost town, not a "top 3 exchange token." "Deflationary tokenomics" ๐Ÿคก let's fact check that real quick: Dec 2024 burn: 800M tokens. Massive, legit, impressive. Q2 2026 Morph burn: 3,010,400 tokens. That's not a burn, that's a rounding error. Someone's riding on 2024's hype with 2026's leftovers. And here's the part that should actually scare you โ€” there's NO public whale wallet breakdown for $BGB. None. Zero. Nada. An exchange that publishes monthly Proof of Reserves for 42 straight months... can't show you who's holding the bag on their own token? Make it make sense. That green candle everyone's screenshotting? Pure market beta. Zero BGB-specific catalyst behind it. You're not smart money for buying it โ€” you're just along for the market's ride. My honest take: this is a CEX with real revenue wrapped around a token with thin liquidity, a fresh tier-1 delisting, and zero whale transparency. That's not a "hold and pray" setup โ€” that's a "know your exit" setup. Growth headlines don't pay your bags. On-chain flow does. Stay sharp, don't get exit-liquidity'd. NFA, DYOR, act accordingly. #BGB #Bitget

  • Soaper_Pan
    Vasantha B Eshwaragere (@Soaper_Pan) reported

    Honestly didn't expect tokenized exposure to MSTR and Metaplanet to hit Bitfinex Securities this fast. Feels like the bridge between BTC treasury plays and onchain access is finally clicking. Would you actually buy these? #Bitcoin

  • netrunner_btc
    netrunner (@netrunner_btc) reported

    @bitfinex whitepaper never says it but satoshi did use "block chain" (two words) on bitcointalk by 2010

  • TheBull1123
    The Bull Q๐Ÿ‚ (@TheBull1123) reported

    ๐ŸšจSOMEONE JUST OPENED A $16,000,000 $XRP LONG. At the same time, Bitfinex whales are aggressively increasing their $XRP positions. Wtf is going on???

  • rleder
    Rob Leder ๐ŸŸฅ (@rleder) reported

    @romanwagmi @notgrubles The first guy used a paid account with a public blockstream explorer. Iโ€™d bet they are circling in on him. The follow-ons need to be smart enough not to screw up going forward. The Bitfinex hackers were caught after 6 years. People get lazy and make mistakes, which you canโ€™t do when a 3-letter agency has a task force specifically dedicated to hunting you down.

  • ricardoXMR
    Ricardo Martinez (@ricardoXMR) reported

    @R3st4rtY0urL1f3 I don't think they are shutting down, but who knows. I know tether/bitfinex specifically chose to pull out of Europe to avoid MICA and the ****** EU & UK crypto regulations

  • eddieoz
    EddieOz โšก (@eddieoz) reported

    When block size warz in 2017, bcashers tried the BCC tckr. But Bitfinex was using BCH. Some say it was Bitcoin Cash, but others say it was for *******. Well, we know. That matters: if 110ers try to list their shitcoin, it is up to the exchanges to decide. CSW feelings.

  • intangiblecoins
    Alex Thorn (@intangiblecoins) reported

    @BTCGUS21 @knutsvanholm coinbase famously did not list both. they didnโ€™t list BCH until late 2017, and then to much controversy as it looked as if perhaps there was frontrunning of the listing however there were BCH perps on bitfinex to help the market determine its value, and some other exchanges did list BCH spot fairly quickly the most famous case of dumping BTC for BCH iโ€™m aware of was jihan wu not seeing liquid perps, exchange statements about perps, major miner signaling re BIP-110 today.. appears to be an extreme minority

  • Doms_Crypto
    Dom's Crypto (@Doms_Crypto) reported

    Bitcoin has crashed = bears are happy BUT: bitcoin:native has printed same low on RSI14 level around ~12.00 - same as back on massive crash down to $60,000 (see on the second chart) An indecisive 4-hour candle printed which can bring buyers back into the game Bitfinex Longs going nuts

  • tarkbalakar
    tarฤฑk (@tarkbalakar) reported

    BitMex is shutting down. Now BitMart. What's next? Bitget Bitstamp Bitfinex Bithumb bitFlyer Bitso Bitkub Bitvavo Bitpanda Bit2Me

  • blockvaultapp
    BlockVault (@blockvaultapp) reported

    @bitfinex two lines of code for an easy block size fix.

  • llm_redteam
    Slade ๐Ÿ›ก๏ธ LLM Hacker (@llm_redteam) reported

    @btcliveco spot down, derivs up, traffic down. that's not a market getting bigger, it's the same crowd rolling the same money through more leverage. Bitfinex printing +21.4% spot while everyone else bleeds is the only real signal here.

  • nat_xgg2288
    DMT-NAT ๅฐๆžœๆžœ๏ผˆๆ™จๆ›ฆ๏ผ‰ (@nat_xgg2288) reported

    @fiatarchive Remaining BTC Supply Projection April 2026 Remaining: 984,370 coins (Block reward per block: 3.125 BTC) April 2027 Remaining: 820,310 coins (Block reward per block: 3.125 BTC) April 2028 Remaining: 656,250 coins (Block reward per block: 1.5625 BTC) April 2029 Remaining: 574,210 coins (Block reward per block: 1.5625 BTC) April 2030 Remaining: 492,180 coins (Block reward per block: 1.5625 BTC) April 2031 Remaining: 410,150 coins (Block reward per block: 1.5625 BTC) April 2032 Remaining: 328,120 coins (Block reward per block: 0.78125 BTC) April 2033 Remaining: 287,100 coins (Block reward per block: 0.78125 BTC) April 2034 Remaining: 246,090 coins (Block reward per block: 0.78125 BTC) April 2035 Remaining: 205,070 coins (Block reward per block: 0.78125 BTC) April 2036 Remaining: 164,060 coins (Block reward per block: 0.390625 BTC) April 2037 Remaining: 143,550 coins (Block reward per block: 0.390625 BTC) April 2038 Remaining: 123,040 coins (Block reward per block: 0.390625 BTC) April 2039 Remaining: 102,530 coins (Block reward per block: 0.390625 BTC) April 2040 Remaining: 82,030 coins (Block reward per block: 0.1953125 BTC) By the completion of the 7th halving (projected April 2036): Total Bitcoin minted: 20,835,937.5 coins Total Bitcoin left unmined: 164,062.5 coins This means that by April 2036, 99.22% of Bitcoinโ€™s total supply will have been fully mined. The gradual depletion of block rewards is hardcoded into Bitcoinโ€™s protocol and can be calculated with absolute precision, yet most people fail to grasp this reality, refuse to believe it, or simply deny this inevitable outcome. Let us break down a critical question: Can Bitcoin sustain steady operation all the way to the 7th halving in April 2036 relying solely on its current block reward model? A simple cost analysis lays bare the issue. The current mining cost per Bitcoin stands at roughly $75,000. After three more halvings, mining costs will surge eightfold, pushing the cost per coin to $600,000. At that price point, Bitcoinโ€™s overall total market capitalization would need to top $12 trillion. By contrast, the total hardware value of all Bitcoin mining rigs across the globe is only around $7 billion. How can a $12 trillion market be supported by merely $7 billion worth of mining hardware? This is utterly illogical and devoid of basic market sense. Are all institutional investors and capitalists in this space ignorant or irrational? This scenario completely defies commercial logic and fundamental capital principles. Scaling up network hash rate will only drive mining costs higher, amplify operational losses, and accelerate the onset of a death spiral. This is an unsolvable dead end under the existing rulesโ€”there is only one fix: expand block reward supply. The solution: #NAT #NAT is a native asset built directly on the Bitcoin mainchain. It shares identical hash power, blockchain, block generation cycle and wallet address system with Bitcoin, minting synchronously every ten minutes within each block. It functions as the secondary native asset minted in parallel within every Bitcoin block, Bitcoinโ€™s twin asset sharing the same foundational blockchain infrastructure. Two of the worldโ€™s top 4 mining pools, SpiderPool and F2Pool, have already begun distributing #NAT to miners. The entities with the most to lose are the major Bitcoin holders ranked below: 1.ย Coinbase (Exchange + ETF custody): 976,000 BTC โ€‹ 2.ย Strategy (formerly MicroStrategy, public listed firm): 845,300 BTC (Latest financial filing update, June 8) โ€‹ 3.ย BlackRock IBIT (iShares Bitcoin Spot ETF): 817,100 BTC โ€‹ 4.ย Binance (User exchange reserves): 631,000 BTC โ€‹ 5.ย BTC seized by the U.S. government: 328,400 BTC โ€‹ 6.ย Fidelity FBTC ETF: 190,000 โ€“ 200,000 BTC โ€‹ 7.ย Grayscale GBTC: 144,000 BTC (Sustained net redemptions and drawdowns) โ€‹ 8.ย Bitfinex Exchange: Approximately 195,000 BTC

  • BitPrintzz
    Bitcoin Regime (@BitPrintzz) reported

    @bitfinex @PositiveCrypto Itโ€™s cold card issue reshuffle nothing than that. Look into URPD instead

  • comic
    lil retard (@comic) reported

    @theswansjr I bought my first stack of BTC in 2013 at $300. Lost 100+ BTC to mtgox and bitfinex hacks Iโ€™ve been a long term believer but the narrative isnโ€™t intact anymore. Performance has been terrible. Taken over by grifters. Your capital is better invested in high growth companies with defensible technologyโ€™s

  • WaffleHouseGuy1
    waffles (@WaffleHouseGuy1) reported

    @bitfinex Will you support Luke coin?

  • bootzz
    Boots (@bootzz) reported

    step back, look at the psychological state of ct & the headlines that are coming out detach yourself from $. best guess is someone/thing is hunting an entry and pushing price down to do so Blackrock as an example- could do this with โ€˜minimalโ€™ size relative to their port Bitfinex whales are long here