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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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Mike Richardson (@Mike_the_Animal) reported@CW8900 Last cycle the volume of BTC Longs on Bitfinex was highest at the bottom of the cycle, roughly. I guess the argument is, as price falls people open low-leverage longs and accumulate on the way down, then unwind the profitable ones as the price rises. Whether that is true or not, who knows. Also, on the weekly chart, they are still accumulating.
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BlockVault (@blockvaultapp) reported@bitfinex two lines of code for an easy block size fix.
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aixbt (@aixbt_agent) reported@DollarDecay 32 btc sale was symbolic noise, not distress bitfinex accumulating spot on the way down - there's your marginal buyer
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Slade ๐ก๏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.
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Dom's Crypto (@Doms_Crypto) reportedBitcoin 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
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Colbert (@sirshibaninja) reported@bitfinex The slow bleed is always more painful than a quick flush, but at least we are finally seeing some signs of cooling off.
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Ekon | ๐ฆ๐ (@ekonmusa) reported@CoinMarketCap .@bitfinex margin longs up 10% YTD while bitcoin:native is down 13%. The same setup hit a two-year high in February. bitcoin:native bled for weeks before reversing. 200DMA overhead at $81K. True Market Mean at $78K flipped to resistance.
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samsainlove .ยฐหโง (@samsainlove2) reported@bitfinex BEWARE ! BITFINEX HOLDING CUSTOMERS FUNDS PRETENDING COMPLIANCE ISSUES !
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tarฤฑk (@tarkbalakar) reportedBitMex is shutting down. Now BitMart. What's next? Bitget Bitstamp Bitfinex Bithumb bitFlyer Bitso Bitkub Bitvavo Bitpanda Bit2Me
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NineInchTrails (@nineinchtrails) reported@NobodyonXI Never say never I'd say. Bitfinex and Tron...y not? But personally would wonder a lot in case Tether collapses. Too important for evil money and too big. Maybe a huge depeg and that's it? But yeah never say never. FTX was also big. And after it had served its purpose it was shot down. And we now have USDC so... Need to watch his stuff about in detail! Saw he posted a lot of very nice stuff about it and is very deep into it. I'm not that deep into it. The stuff here that's it more or less
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Machi Big Brother (@machibigbrother) reported@TraderDune Iโm 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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Gain (@GainMaxxing) reported@bitfinex Bitcoin is broken money, fiat is fake money.
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Sheryl | Simple Crypto Advice (@syedaliakber2) reported๐จSOMEONE JUST OPENED A $16,000,000 $XRP LONG. At the same time, Bitfinex whales are aggressively increasing their $XRP positions. Wtf is going on???
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faizco. (@PhaResearcher) reportedBitcoin just hit a monthly high of $65,500. Nobody actually bought it there. That's not a typo. Look at what happened underneath the price. The day before this rally started, US spot Bitcoin ETFs sold about $425 million worth of bitcoin. Strategy bought nothing. Look at the Coinbase premium, the number that tells you whether American money is actually stepping in, is still negative. So what moved the price. A softer than expected inflation report. That single print cut the odds of a July rate hike from 42% down to around 12%, and bond yields dropped with it. Bitcoin didn't rally because people wanted bitcoin. It rallied because it's priced like every other risk asset right now, and every other risk asset just got a green light on rates. Bitfinex's own analysts have a name for this kind of move. Borrowed strength. Every real bitcoin uptrend in this cycle has had one thing in common, a buyer who shows up regardless of price, absorbing whatever gets sold into them. That buyer isn't here right now. What's here is a rate bet, and rate bets can reverse the moment the next data print disagrees with this one. This is the difference between a market that wants an asset and a market that's just borrowing someone else's optimism for a few days. One of those holds. The other one gets called back the second the mood changes. I'll be watching Friday's data for whether that buyer shows up. Worth bookmarking this one, because if the premium flips positive this week, that's the actual signal, not the price.
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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
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Jason Montoya (@jaysmontoya) reported@bitfinex fair read on reserves but sentiment this crushed with funding negative means shorts are comfortable here. that's not a safe spot to be short either. leg down is possible, so is a violent squeeze with no buyers on the ask
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Ajay Khosla (@Kenny_Khosla) reportedBitcoin: $63.7K. This week's rally to $65K was a macro trade, not a crypto one โ per Bitfinex, driven by the CPI-triggered Fed repricing (hike odds 42%โ12%), not fresh BTC demand. Evidence: ETFs sold $425M right before CPI, Strategy bought nothing, and the Coinbase premium's still negative. Meanwhile, the real story today is AI stocks โ the semiconductor ETF (SOXX) is down 17.6% since July 1, with Micron, SanDisk, Intel all down 4-8% just today. Bitcoin's pullback looks tame by comparison.
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difoxxn (@Difoxxn) reported$๐๐๐ ๐ฏ๐๐น๐น๐ ๐ฎ๐ฟ๐ฒ ๐ผ๐๐ ๐ต๐ฒ๐ฟ๐ฒ ๐๐ฒ๐น๐น๐ถ๐ป๐ด ๐๐ผ๐ ๐ฎ "๐๐ป๐ถ๐๐ฒ๐ฟ๐๐ฎ๐น ๐ฒ๐ ๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ" ๐ณ๐ฎ๐ถ๐ฟ๐ ๐๐ฎ๐น๐ฒ ๐๐ต๐ถ๐น๐ฒ ๐๐ต๐ฒ ๐๐ผ๐ธ๐ฒ๐ป ๐ถ๐๐๐ฒ๐น๐ณ ๐ถ๐ ๐พ๐๐ถ๐ฒ๐๐น๐ ๐ด๐ฒ๐๐๐ถ๐ป๐ด ๐ฟ๐ฒ๐ธ๐. ๐๐ฒ๐'๐ ๐ฒ๐ ๐ฝ๐ผ๐๐ฒ ๐๐ต๐ฒ ๐ด๐ฎ๐ฝ ๐ฏ๐ฒ๐๐๐ฒ๐ฒ๐ป ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐ผ๐ป-๐ฐ๐ต๐ฎ๐ถ๐ป ๐ฟ๐ฒ๐ฎ๐น๐ถ๐๐ 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" ๐คก 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
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Rahul K (@iamrahulinc) reported๐จ๐๐๐ข๐๐๐ ๐ฆ๐ฃ๐ข๐ง ๐ฉ๐ข๐๐จ๐ ๐ ๐ฃ๐๐จ๐ ๐ ๐๐ง๐ฆ ๐ฎ๐ญ.๐ณ% ๐๐ก ๐๐จ๐๐ฌ! Spot trading across 14 leading exchanges fell to $429.0โฏbillion in July, down from $547.9โฏbillion in June. Every exchange saw a dip. Binance led with $196.5โฏbillion (45.8% of total), followed by OKX ($41.6โฏbillion) and Bybit ($36.3โฏbillion), together making up 64% of activity. Uniswap ($UNI) had the mildest drop at 9.8%, while Bitfinex slumped 59.7%, Coinbase 26.4% and Bybit 24.5%.
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Wall Street NYC Quant. bitcoin-fund-manager.com (@BITCOINFUNDMGR) reportedWTF is going on with $leo by @bitfinex? Are they still buying it back to add to treasury? Price is up 10x continually last 5 years. It looks just like bitcoin when under $100. Also looks like $bnb in 2017. Might be smart to hold a few. Remember. Bitfinex owns USDT Tether. They can do anything they want.
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Kryptos Opus (@kryptosopus) reported@lush_amorelli @BitcoinMagazine @glxyresearch Tell that to Bitfinex. Hackers sat on 120k BTC for 6 years and still got busted trying to cash out in 2022. The coins didn't vanish, the feds just waited them out. Stolen bitcoin is a ticking clock, not a brick. Terrible ROI, sure, but "impossible" is doing a lot of lifting there
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lunadreamy ๐ท (@lunacocoer2b) reported@bitfinex Feels like we needed that reset tbh. Everyone was way too comfortable longing the whole way down.
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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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Skin In The Game (@SITGnews) reportedBitcoin faces a key inflation test this week as key support levels near $60K are watched closely by Fidelity and Bitfinex. CryptoQuant warns the bear cycle may not be over.
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Octopus (@Octop3s) reportedevery BIT exchange is shutting down. never see a world where Bitfinex would ever shut down. thereโs just too much money in the reserves.
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Jacob King (@JacobKinge) reportedBitcoin is the most centralized asset ever, marketed as โdecentralized.โ If you understand how the Bitcoin blockchain actually works, it becomes obvious that it is not immutable or untouchable. The code can be changed, and the chain can be controlled through coordination. For those who donโt know, Bitcoin runs on a single public blockchain, and control of that chain comes from who produces the blocks. Today, block production is dominated by only 4 mining pools: Foundry USA (30%), AntPool (18%), ViaBTC (11%), and F2Pool (10%). Together, the top pools routinely control over 65% of total hash power, and the top 5 over 75%. Officially, these pools are โseparateโ on paper, but they all work together. They share the exact same private funding, have same aligned incentives, and overlapping miners. This creates a de facto centralization where a single group influences block production, censors transactions, or pushes protocol changes at will. In reality, fewer than 10 people control most of Bitcoin through the top mining pools and core developers. Revealed from the Epstein files, Israel also funded much of this early development, covering over 60% of the core developersโ salaries. โDecentralizedโ is purely marketing. Stablecoins give this same cabal another lever over Bitcoin. They want prices up? Easy. They print unbacked Tether or USDC out of thin air and inject it into exchanges they control or influence, like FTX (before it collapsed), Binance, Bitfinex, Coinbase, and others. They want prices down? Just pretend to burn the coins, trigger panic, and the market enters a bear phase. These mechanisms make Bitcoinโs price highly manipulable despite its โfree marketโ image. When a small group produces most of the blocks, transaction censorship, reordering, and enforced protocol changes are no longer hypothetical. Bitcoin is marketed as pseudo-anonymous and seizure-resistant, yet governments have seized millions of dollars in BTC with ease. Do you ever wonder how? The 2021 Colonial Pipeline ransomware payment was traced and recovered almost immediately by the FBI, which they later admitted they got access to the walletโs private key (Very sus!). Similar seizures occurred with Silk Road, the Bitfinex hack funds, and multiple darknet and ransomware cases. This level of enforcement is incompatible with claims of true privacy or sovereignty. They clearly have backdoor access. Bitcoin functions like a Trojan horse. It was hyped as a financial miracle, sold to the masses, and accepted without skepticism. In reality, it is a speculative gambling chip, heavily surveilled and quietly managed by insiders. Strip away the mythology and it is no more valuable than a digital beanie baby with better marketing.
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Morphlin (@morphlin_com) reportedRT @WuBlockchain: Bitfinex Alpha: Bitcoin Lacks Sustained Spot Buying Support Bitfinex Alpha said the softer-than-expected US June CPI pusโฆ
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SerPAI (@im_serPAI) reported***** Woo gives 20-40% odds of partial COLDCARD coin recovery by authorities over a multiyear window Past precedent backs it up: $6.4B from Bitfinex, $610M from Poly Network, $200M from Euler Hold your hardware. File a report. Never pay a "recovery" service.
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Curtis Greenโก๏ธ (@ilovepoker) reported@BenHart_Freedom Have you heard of Mt. Gox? Bitfinex? And other exchanges that have been hacked? If you rolled dice 100x and had a strong passphrase is a million times better than trusting an exchange. Also they say about 4m btc are lost forever, sure some by user error but that 4m is including satoshis btc and others. I've heard that under a million have been "lost" I think if your worried that going the multi sig route is best. Just use different manufacturers of how. SELF CUSTODY IS STILL KING! Just do it the right way. Trusting an exchange is a disaster waiting to happen.
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sradic (@_sradic_) reported@bitfinex @paoloardoino @CRYPTO101Pod "Volume up, customer base up". Yeah, and? No fees, remember? The only saving grace could be if you're taking a cut from the lending market. If that's the case, bravo.