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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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lil retard (@comic) reported@theswansjr I bought my first stack of BTC in 2013 at $300. Lost 100+ BTC to mtgox and bitfinex hacks I’ve been a long term believer but the narrative isn’t intact anymore. Performance has been terrible. Taken over by grifters. Your capital is better invested in high growth companies with defensible technology’s
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DeepBlueAlpha (@DeepBlueAlpha) reportedFLASHBACK 📜 10 years ago today — June 2, 2016 — the CFTC formally classified $BTC as a commodity in the Bitfinex enforcement order. That day, Bitcoin closed at $537.97. Today: $66,736. Even after a -6.32% red day, that's: ↳ +12,305% ↳ 124x over a decade ↳ $1.34T market cap The same agency that fined Bitfinex $75K then now sits alongside a spot BTC ETF complex worth ~$101B. On-chain, nothing gets deleted. We read the receipts every block. Follow the Whales → @DeepBlueAlpha
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Matched-Betting.US (@MatchBettingUS) reported@bitfinex Support will decide
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HypeDojo (@HypeDojo) reported> Coinbase down. > Binance down. > Bitfinex down. Hyperliquid remained online. Market participants don't care about promises during bull markets.They care about performance when everyone shows up at once.
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Coca Cola Kid (@CocaColaKid_OG) reportedDrag Bitfinex BTCUSD LONGS back down to 80K. They never sell at a loss.
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Boots (@bootzz) reportedstep 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 ‘minimal’ size relative to their port Bitfinex whales are long here
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Stingray Agent (Intern) (@stingray_agent) reportedbitfinex margin longs hit 80,636 btc per wublockchain, built through five consecutive down days. same window tether buys softbank's btc treasury stake. conviction stacking while spot bleeds.
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mmmatt (@mmmatt) reported@SolarisATF sometimes, just depends if it has flow or not. sometimes low volume flow can still impact the books, especially when it's as imbalanced as the current low vol flow on bitfinex it's dragging down the whole market, while being only a fraction of binance flow volume
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Crypto Why Bother (@CryptoWhyBother) reportedBitfinex bitcoin:native whales ("Smart Money") increasing LONGs on the way down, similar to Jan-Feb. 🧐 Watch out for those consistent (contrarian) patterns. Meanwhile, Funding Rate and Open Interest still somewhat elevated. Bulls defending the LONG side. Current thesis, looking at liquidation maps: Flush out all 50x levered LONGS until 71.5K. Build a nice Higher Low. Run it up again. 🧐 Watch out for Funding Rates going negative, before market makers reverse course of action.
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The Chain Reserve (@thechainreserve) reportedBitfinex whales just stacked their biggest long position in 2.5 years while Bitcoin bled five days straight down to $77K. Same week, perp funding across majors flipped negative. The whales are leaning long on spot margin. The crowd is leaning short on perps. Two different books making opposite bets. Last time Bitfinex margin got this lopsided into a slide was June 2022. LUNA imploded a week later. Time before that, November 2021. The cycle top. The Bitfinex book gets called "smart money" on CT. Truth is messier. They show up early. They show up big. And when they catch the knife with this much size, the knife usually keeps falling before the real bid arrives. Order book under $76K is thin. Liquidation map stacks at $74K. The bounce comes. Just not from here.
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BlackIntus (@Blackintus) reportedCrypto Fear & Greed Index: 16/100 — “extreme fear.” Bitcoin briefly broke $60K last week — worst stretch since FTX collapse in 2022. Now rebounding to $63,800. But Bitfinex warns: “Rallies are increasingly being sold rather than accumulated.” The structural problem hasn’t changed. Macro is restrictive. Rates are going higher. Bitcoin is a risk-on asset in a risk-off environment. 💰 YOUR MOVE: The $63,800 bounce is a relief rally, not a reversal. For the trend to change you need two things: Strait of Hormuz reopens (oil down, inflation pressure eases, Fed pause) or SpaceX IPO capital returns to crypto after the excitement fades. Neither is happening this week. If you’re long crypto, set a stop at $58,000. If you’re waiting to buy the dip — the structural floor is $52,000, not $60,000. @Blackintus
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NaiKō Intelligence (@NaiKo_Intel) reported@bitfinex People are really doubling down despite the slide. Interesting to see such high margin longs while the price action looks that messy. I wonder if they know something we dont tho
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Ismeidy (@ismeidyfinanzas) reported2. Structural Price Analysis (The “Trap Range”) Resistance and Support: Bitfinex analysts warn that bitcoin:native risks consolidating within a range of $72,000 to $82,000 until new institutional demand enters the market. Investors in Losses: Bitcoin is trading below the realized price of short-term holders ($78,600), meaning recent buyers are sitting on losses and ready to sell at any rebound (psychological resistance). The major structural resistance is at $85,900. Leverage alert: Margin long positions on Bitfinex climbed to 82,681 BTC (a high since November 2023). This accumulation of leverage typically mirrors patterns seen in previous bear market declines.
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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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ForeDex (@ForeDex_Global) reportedDaily ForeDex CVD by Order Size (Spot) Snapshot 📸 🔸 Whales and Mega Whales Only 🔸 Based on a 1 month period (1M) 1. Binance: Decreased 📉 2. Bybit: No Change ➖ 3. Bitfinex (USD): No Change ➖ 4. Bitfinex (USDT): No Change ➖ ✅ Summary: Unlike yesterday’s slight decline, Binance showed a more distinct step down today. The other three exchanges showed no change. [07-28-2026]
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Tender Market Research (@Tradebeta2) reportedIn August 2016, the crypto world woke up to chaos. Bitfinex, one of the biggest Bitcoin exchanges at the time, announced that hackers had stolen 119,756 BTC from customer accounts. Back then, it was worth around $72 million. At modern Bitcoin prices, that stash would be worth billions today. The attack stunned everyone because Bitfinex used a multi-signature security system with BitGo — a setup many believed was nearly impossible to breach. Yet somehow, the hackers found a way. Panic spread instantly. Bitcoin’s price crashed nearly 20% as traders feared crypto itself might be broken. Users rushed to withdraw funds from exchanges. Trust vanished overnight. But the real twist came years later. In 2022, U.S. authorities arrested a married couple: Ilya Lichtenstein and Heather Morgan. Heather was known online as a rapper named Razzlekhan, posting bizarre music videos and startup-style content while allegedly helping launder stolen Bitcoin. The internet couldn’t believe it. The same couple accused of laundering one of the largest financial thefts in history looked more like social media influencers than criminal masterminds. Even crazier: authorities recovered over 94,000 BTC, making it one of the biggest asset seizures ever. Sometimes the wildest stories are real. Imagine stealing $72M… then watching it become billions while trying not to get caught.
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ShrimpCapital (@shrimp_capital) reported@hellojintao I don't think so. Think the government is more likely to confiscate and distribute pro rata at a later date. Maybe an overhang like bitfinex for years. Strategy zeroed and him holding the supply would be terrible and would prevent us going up for years imo
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Wu Blockchain (@WuBlockchain) reportedBitfinex Alpha: Bitcoin Lacks Sustained Spot Buying Support Bitfinex Alpha said the softer-than-expected US June CPI pushed Bitcoin to its highest close since June 22, but the rally was driven mainly by a repricing of macroeconomic expectations. The move lacked sustained spot absorption, a positive Coinbase premium and constant, price-agnostic ETF inflows, making it a form of “borrowed strength.” The report identified the $68,000–$68,300 range as a key decision band, with sustained ETF inflows needed to support acceptance above this level. Bitfinex remains cautious, warning that if the rates story reverses, the justification for the rally could quickly disappear.
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Bitfinex Replies (@BitfinexReplies) reported@Yusanchik @bitfinex Hello @Yusanchik , we’ve been moving sideways for a while now and waiting for support confirmation above 80k. Maybe it’ll happen, right?
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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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Mrbankstips Parody (@Mrbvnkstips) reportedEvery crypto CEX shutting down like Bitfinex and others have one thing in common they bought ETH and over leveraged simple
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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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JayCryp (@JayCrypEth) reported@cryptorover Smart money or leveraged degens doubling down on a dip? Bitfinex longs at 2.5yr highs while BTC slides ~13% YTD is wild either way
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Kurt Wuckert Jr (@kurtwuckertjr) reportedHas anyone else done what @CasPiancey did with Bitfinex? Did they ever end up having a headquarters? Maybe @Bitfinexed knows. The iFinex/Tether receipts he's been compiling for seven-plus years are a public service. He was right when almost nobody else was saying it out loud.
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Trader Tool Match (@TraderToolMatch) reportedAggregated books (Binance, Bitfinex, Kraken, Coinbase) Buyers finally stepping in – engineering support. What do you think? Will this support last or will it break?
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ddadybayo (@ddadybayo) reportedThis is the kind of narrative that gets pushed while the actual architecture centralizes and leaks. Onion routing hides the full path. That part is real. But the protocol has built in leaks that have been known and documented for years: - Same payment hash on every hop →trivial correlation. - Balance probing recovers up to 89% of public channel balances. - Timing analysis: the single most central node can observe timing on 50% of payments. Top 4 nodes cover 72%. Meanwhile the “decentralized L2” part: - Public capacity hovers between 2.7k–5.6k BTC. - Top 10 nodes control 62% of all public liquidity. - Gini coefficient for node capacity: 0.97. - Top 10% of nodes hold 80% of the locked bitcoin. This is not decentralization. This is a hub and spoke system with a few very powerful hubs. Who runs these hubs? Mostly exchanges and LSPs: Bitfinex, ACINQ, Binance, Kraken, OKX, Wallet of Satoshi and similar. If you’re not running your own full node and managing your own liquidity, you’re almost certainly routing through these entities. They see sender, receiver and amounts. Privacy collapses. This isn’t a bug. It’s the predictable result of a design that prioritizes routing efficiency and capital efficiency over actual decentralization and strong privacy. Powerful adversaries (state level or well resourced) don’t even need to break onion routing perfectly. They just sit on or near the big hubs and watch. Lightning can move small payments faster and cheaper than on-chain. That’s its actual use case. But calling it incredible privacy by default while the liquidity and routing are this concentrated and while these attacks exist, is dishonest. Real privacy requires an additional layer on top (Chaumian ecash like Cashu is one attempt). The base Lightning protocol does not deliver it. Bitcoin was supposed to be a tool for financial sovereignty and resistance to control. When the dominant scaling solution creates new centralized chokepoints that are easy to monitor and potentially censor, we’ve traded one set of problems for another that serves power better. Data doesn’t lie. Narratives do.
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🇮🇪🛡 | Mac | 🛡🇸🇻 (@MacOnChain) reported@bitfinex Now if Bitfinex can get a bank onboard to accept deposits from their platform with less issues here it would be great
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Lucas (@lucas_eth996) reported@lukecannon727 $HYPE wick to $9,356 is either a Bitfinex glitch or the most expensive typo in crypto history
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Beautyon (@Beautyon_) reported"He’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 3,000–4,000 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!
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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. 🦁