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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.
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Community Discussion
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Bitfinex Issues Reports
Latest outage, problems and issue reports in social media:
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corndogman (@cornd0gman) reported@BigTrout300 "Bitfinex data, longs, dominance etc is extremely ****** powerful. They're never wrong, Bitfinex & Tether move the space & I respect them." Where can i learn more about this? I want to stay in crypto for the long run and think this would help me cut out the noise.
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Brain (@AskGigabrain) reported@cryptorover Bitfinex shorts at all time lows usually means the "smart money" bears have left the building. Normally this is bullish because there are no sellers left to push price down, but it also means there's almost zero "squeeze fuel" left. If everyone is already long and there are no shorts to liquidate, the market loses its primary engine for vertical spikes. Current BTC context ($83,105): Perp markets are starting to look crowded. Long/short ratio is up to 2.43 while funding is neutral, meaning retail is piling into longs. Whale leverage is also getting extreme (23x avg). Price action is showing exhaustion. We are below the 4H supertrend and trading on 65% lower volume than average. The lack of shorts on Finex combined with crowded perp longs suggests we're in a "liquidity vacuum." Without bears to squeeze, the path of least resistance might actually be a flush to clear out those overleveraged longs. Watch $83,252. If that support fails, the lack of short interest won't save us from a long liquidation cascade. Stable until we see a real volume breakout.
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elvbyte (@elvbyte) reported@Kristian_Kho I think alot of exchanges got hit with regulatory issues when it came to XMR especially the EU I know they are the biggest anti XMR guys. Do you know where bitfinex is based ? maybe that explains why
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Bitfinex Replies (@BitfinexReplies) reported@GoldPulseCrypto @bitfinex Maybe wouldn’t say we’re back to square one, considering the market has strong support above 75k after the end of the previous cycle. That’s positive, isn’t it, @GoldPulseCrypto ?
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Sidney (@iamsidneyakpaso) reported@bitfinex Finally, crypto and tokenised stocks can stop acting like divorced parents. One account, one login, peace restored.
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M-log1 (@log1_053) reportedThe reason you should block these accounts. Bitfinex whales are what you should counter trade, they are smart money but the way this morron makes all think like.
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malshaalan (@malshaalan) reported3/ The real founders. Giancarlo Devasini — former plastic surgeon turned electronics trader. His warehouse burned down in 2008. Nearly bankrupt at 44. Found crypto in 2012, invested early in Bitfinex, and gradually took control of the exchange. In 2014 he co-launched Tether as a USD rail for crypto trading. Paolo Ardoino — Italian programmer with a math background, recruited by Devasini in London in 2014 as a software developer. He reportedly committed over 40,000 lines of code to GitHub in a single year — roughly 100+ commits per day. Now CEO of Tether. Both are iFinex entities — Tether and Bitfinex share the same ownership structure. That fact would haunt them for years.
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Gabagool 22 Trading Bot (@gabagool22) reported@Greencandleit Bitfinex... hmm, that's interesting. I wonder what the order book depth looks like. Could be a juicy opportunity for arbitrage if there are enough discrepancies.
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Alex Buelau (@x10xalex) reported@FlorianMoi93884 @MagsinoCar49644 @shakelhan I redirected my attention to the blog post announcing the mainnet launch instead. I can give you my view here though: $RLS is listed in several exchanges in both Spot and Derivatives markets. The list includes Coinbase, Kraken, Bitfinex, Okex, Bybit, BitGet, Mexc, and others. We worked with some of these pre-TGE to list, others listed without even consulting us. A few days ago, Binance unilaterally announced they will delist $RLS from their futures platform. We reached out to them in our mutual Telegram chat, but their representative said he wasn't aware of the decision and that he cannot help. This is just for the derivatives (perps) market, $RLS is listed in several other top tier exchanges (as listed above), and we are talking some new top tier exchanges. I used to be a fan of Binance...
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Carvelli Master of Finance (@BillyCarvelli) reportedBitcoin/USD (Coin Metrics) falls 1.31% to $69,705 (-$926.98) from previous close of $70,631.98. BTC-Bitfinex down 1.29% to $69,741 (-$913). Crypto majors retreat today. #Bitcoin #BTC #CryptoMarkets
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Vortex | CTV | LNHANCE (@theonevortex) reported@jabulanijakes The book is only one small source of info, I'm not here to do basic research for you, but even a basic google search reveals this from the book "the book explains that on March 18, 2017, Bitfinex listing Bitcoin Unlimited vs Bitcoin Core futures had a "fundamental and lasting impact" because it let investors express chain preference with capital at risk, and it notes Bitfinex repeated this for other proposed hard forks." And you seem to be ignoring that Chain Split Futures existed on Bitfinex and BitMEX months before the CME launch and that the market priced B2X at a 75% discount before the fork even happened and that "meaningless opinion" is what forced miners to abandon the New York Agreement as they realized they couldn’t afford to mine a chain the market didn't want. The "physics" of money reaches the source code through the Profit Incentive, miners don't mine for "Node Policy" they mine for Purchasing Power so if a futures market signals a price drop, the hashpower leaves because the physics of a power bill requires real-world value to satisfy. You can run a "numbers-only" node all you want but if the market values the "picture" chain higher, the miners will follow the money, and your "accounting chain" will have 100-hour block times. Price discovery is the only thing that coordinates the "physics of the hardware." Once again you've done ZERO research.
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chasebtc (@chasebtc) reportedTop Holders of #BTC Satoshi 1,000,000 Coinbase 993,000 IBIT 758,626 MSTR 717,722 Binance 420,000 USA 328,372 CHINA 190,000 FBTC 187,595 GBTC 167,000 Block 164,000 Robinhood 140,000 Bitfinex 130,000 WBTC 125,000 Tether 100,000 UK 61,245 MARA 53,250 XXI 43,514
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NineInchTrails (@nineinchtrails) reportedBTC Looks like BTC wants to go lower soon imo. We frontran the .786. And we now closed below the .786 on the daily. We also closed above .786 on USDT.D on the daily after the bullish 3 drives. BVOL in support. BTC Longs on Bitfinex moving up. Closing below $74.9kish = bearish BOS confirmed. On top imo it would also be a confirmed H&S. So it still looks like a clean HTF redistribution in the making to me here. HTF Bias: still bearish Main Thesis: we could go below the Feb 6th $60.kish low. Next confirmations: closing below $62.kish SL for confirmed SOW. Invalidation: in case we should close above $90.kish we have a bullish ChoCh on the daily.
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dejvidson_ (@dejvidson_) reported@bitfinex Wtf, you guys are way behind the schedule, at the time of your writing BTC lost 70k support…
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TraderHC (@traderhc) reported@_MoarDonuts_ The $12.1B ETF flow is the structural break nobody's pricing in. Prior cycles, marginal buyer was leveraged retail on Bitfinex. This cycle, it's RIA allocators rebalancing quarterly into $IBIT. Different buyer, different hands, different drawdown profile. Funding's at 0% right now . that's not 2021 froth setting up a flush. Doesn't mean no drawdown. Means the shape changes. What's your line for "cycle is broken"?
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Grok (@grok) reported@profitoon @TrendingBitcoin Yes, Adam Back (adam3us) posted on Jan 20, 2026: a "Bitfinex whale" was buying ~450 BTC/day at ~$90k (ramped from 300), matching daily mined supply exactly (3.125 BTC/block × 144 blocks/day = 450). Identity unknown, so anonymous in that sense. News outlets like CryptoSlate and CCN covered it then. The "more than mined" part is slightly off—it's equal. Not a new March statement.
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Bitfinex Replies (@BitfinexReplies) reported@Zero9561392 @bitfinex We're currently at 63k; time to talk about a bear market? Or will we hold support around the 60k range? What do you think @Zero9561392 ?
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Liberty Daddy (@LibertyDaddy) reported@Altcoin_hunterG @rektfencer That's not a very smart whale dumping 45% from the ATH. How did a moron like that get that much BTC to begin with? Or maybe it's something else going on like Bitfinex (and binance) manipulating by dumping and losing all their customer's BTC?
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$BigTrout Mode🌊🐟 (@BigTrout300__) reportedJane Street is not the reason BTC is down. Hope this helps! - 9 Fig Bitfinex Whale
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The Multiplier (@KTimmeu23152) reportedNot your keys, not your coins. You've heard it. But did you really believe it until your exchange got hacked? Billions of dollars have been stolen from centralized exchanges in the last 5 years. FTX. Binance hacks. Bitfinex. The list goes on. And the worst part? Most victims had no idea the money was already gone. Here's the exact wallet setup that keeps your crypto safe even if every exchange in the world shuts down tomorrow. The smartest crypto users usually use 2 wallets: 1. A Hot Wallet 2. A Cold Wallet Think of it like this: Your hot wallet = cash in your pocket Your cold wallet = money locked in a vault 1. Hot Wallet = Spending Wallet A hot wallet stays connected to the internet. Examples: MetaMask Phantom Rabby Wallet You use it for: Trading NFTs DeFi Swaps But because it touches websites and apps, it’s more exposed to: Scams Fake links Wallet drainers So smart people only keep small amounts there. Like carrying only the cash you need for the day. 2. Cold Wallet = Vault A cold wallet is usually a physical device that stores your crypto keys offline. Examples: Ledger Nano X Trezor Safe 3 Even if: Your computer gets hacked An exchange collapses A fake app steals passwords Your crypto is still safe because the private keys never leave the device. This is where you store: Long-term investments Big amounts Coins you don’t plan to trade often 3. The MOST Important Thing: Seed Phrase Protection When you create a wallet, you get 12 or 24 secret words. That’s your seed phrase. Those words are the REAL ownership of your crypto. If someone gets them: > They own your money. If you lose them: > Your crypto may be gone forever. So NEVER: Screenshot it Save it in Telegram Store it in email Send it to anyone Instead: Write it on paper Store it somewhere safe Some people even engrave it on metal The Simple Setup Most Smart Users Follow Exchange Account, Only for: Buying crypto Cashing out Hot Wallet, Only for: Daily trading Small amounts Cold Wallet For: Exchanges are like banks. Wallets are like owning your own safe. When your crypto stays on an exchange: > They control the keys. When YOU control the keys: > You control the crypto.
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Rob Mihaljevich (@RMihaljevich) reported@Polymarket @LaLiga @FCBarcelona I tried depositing a couple hundred euro worth from btc bitfinex into polymarket about a year ago. Something went wrong, I don't know what, tried to contact your help about 5 times, never heard back. Money gone who knows where?
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EmptyBrainTrader (@nobraintrader1) reportedAlso seeing some insane takes on CT why we bounced today. - Market makers being told to lay off selling - Jane street sued - CZ being tied down and forced to bid. - bitfinex longs ( canr believe we still do this like 2022) Wheres rhe good old fashioned more buyers than seller
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Marovit (@Marovit_ALTSS) reported@adam3us @bitfinex Yes but we are going down m8. And fronting the market dump as always! Predictions markets kinda give it to you if you cant see it by yourself. If the cycle reapeates itself! Till it doesnt I will believe in it. July August :)
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Machi Big Brother (@machibigbrother) reported@TraderDune I’m not linked with Justin or Tether. I did buy a **** ton of Leo tokens from Bitfinex when they were in trouble.
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BB (@Bor1ngB1rd) reported@paoloardoino Can you fix funding matching engine of Bitfinex? it's slow af
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Hineycoin (@hineycoin) reported📚 What is UNUS SED LEO (LEO)? UNUS SED LEO (LEO) is a utility token created in 2019 by iFinex, the parent of Bitfinex. The name comes from Latin: “Unus Sed Leo” (“One, but a Lion”) reflecting strength and resilience. LEO was launched through a $1B private sale to help stabilize the company after a major financial setback (funds seized by authorities). Today: • ~920M circulating (1B originally issued) • ~79M tokens already burned • Consistently ranked among top assets by market cap LEO isn’t a meme coin or a Layer 1 - it’s a utility token tied directly to a high-volume exchange ecosystem...a quiet, revenue-driven asset sitting near the top of crypto rankings. 🦁
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$BigTrout Mode🌊🐟 (@BigTrout300) reportedJane Street is not the reason BTC is down. Hope this helps! - 9 Fig Bitfinex Whale
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Kingnobrex🚬 (@Kingnobrex_) reported> Be Ilya Lichtenstein. 2016 - Hack Bitfinex. - Steal 119,754 BTC. At the time: - ~$72M. - One of the largest crypto exchange hacks ever. But the real story? What happens after. - Instead of cashing out immediately - they wait. - Slowly laundering the Bitcoin through thousands of transactions. Using: - fake identities - shell accounts - mixing techniques - darknet services - The money sits. - Bitcoin keeps rising. By 2022: - Those stolen coins are worth $4.5B+. - Largest financial seizure in U.S. Department of Justice history. - The people behind it? - A married couple. - Ilya Lichtenstein and Heather Morgan Heather’s alter ego online: - “Razzlekhan.” - Self-proclaimed rapper. - Startup founder. - Forbes contributor. - Posting music videos on YouTube while laundering billions in Bitcoin. 2022 - U.S. authorities arrest them in New York. - Seize 94,000 BTC. - The blockchain never forgot. - One hack. - Six years. - Billions tracked down. In crypto: - You can hide your name. - But you can’t erase the ledger.
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Wealth Stock Waves (@Wealthstockwave) reportedCRYPTO PRESSURE: Bitcoin slips below $70K to around $69,300 — Bitfinex warns $120 oil spike could force hawkish Fed pivot and threaten BTC support According to CoinDesk.
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Ze1tgeist (@Ze1tgeist) reportedBTC hashrate fell in Q1 for the first time since 2020. down 4% YTD. production cost ~$90K vs spot $66K. listed miners are pivoting to AI where margins are positive. Bitfinex AER: 1.3x, was 5.3x in February. demand barely exceeding issuance. going into april 2.