Bitfinex Outage Map
The map below depicts the most recent cities worldwide where Bitfinex users have reported problems and outages. If you are having an issue with Bitfinex, make sure to submit a report below
The heatmap above shows where the most recent user-submitted and social media reports are geographically clustered. The density of these reports is depicted by the color scale as shown below.
Bitfinex users affected:
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.
Most Affected Locations
Outage reports and issues in the past 15 days originated from:
| Location | Reports |
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Community Discussion
Tips? Frustrations? Share them here. Useful comments include a description of the problem, city and postal code.
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Bitfinex Issues Reports
Latest outage, problems and issue reports in social media:
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Zenith (@zenithtrades_x) reported@Chain_AlphaX @bitfinex Yeah nah, tariffs ≠ instant NGMI. The real issue is policy confusion, not memes.
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Unique Human | Changer ($CNG) (@changerofficial) reported@bitfinex Reduced supply pressure can support stronger price stability
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ryonnixon (@ryonnixon) reportedI think Drift is really going to make it and set a great example for other hacked protocols. You need to study LEO to understand how amortization tokens are a huge success of our industry that no one ever talks about. LEO worked great to help Bitfinex remedy user losses. Essentially, the company issues tokens and set expectations for how much each will be paid. These tokens are tradable and transferable so that people can sell them or wait to be paid. Whether it is direct redemption or buybacks, the money flows from the company to the token holder. Essentially, crypto recreated private credit onchain for a very specific use case: paying back lost funds.
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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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Rosario Martin (@Rosario_Martinn) reported@Cryptic_Web3 @bitfinex @nayibbukele Slow build but the direction is obvious
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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 $bnb in 2017. Might be smart to hold a few. Remember. Bitfinex owns USDT Tether. They can do anything they want.
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Conviction Labs | NVISION (@Conviction_Labs) reported$BTC Bitfinex margin longs added a lot on this move down to 59k. Means a HUGE reversal by EOY.
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Ekon | 🦇🔊 (@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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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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Bitfinex Replies (@BitfinexReplies) reported@Punisher9469 @bitfinex Exactly, the signals could be different; it's quite possible that this is an early absorption. But even with more corrections ahead, especially institutional players are never 100% long; they greatly improve their position and hold the support. What do you think, @Punisher9469?
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Kaspa The Green (@kaspa_the_green) reported@HarrisChri99199 @Cryptotea Exactly my argument. On the front end to promote adoption, yes. But go down the rabbit hole of what Lightning does. Especially the largest lightning node hub bitfinex.
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Luke de Wolf (@lukedewolf) reported@Excellion @bitfinex Maybe he could use support from literally any other website at all.
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BB (@Bor1ngB1rd) reported@bitfinex you should fix your funding matching engine, it's slow af
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Cryptoinsightuk (@Cryptoinsightuk) reportedbitcoin:native probably does continue down here again at some point soon. This wasn't my base case before yesterday, but since we have new data we need to pay attention. I think there is a liquidation event to come. Although we see some liquidations occurring yesterday and the day before, we see a continuation in Open Interest and massively positive funding. This suggests we have people going leverage long here in size. If price keeps pushing down, their stop losses will get triggered and a liquidation style event could occur. This isn't inevitable, but looks likely here. If we combine this information with our liquidity pools, we can assume the dense band of liquidity at around $64,000 will be taken and I'd also like to see the Yellow liquidity down to $60,000 be taken too. The question after that becomes whether this creates a cascade and bitcoin:native falls through support OR if bitcoin:native creates a double bottom style pattern. This discussion is a difficult one. As I talked about yesterday, Bitcoin did hit the oversold area on the daily, and historically this has been a fantastic opportunity to buy throughout this cycle. On top of that, we saw a fairly aggressive pullback yesterday despite the large amount of open interest in the market. That doesn't necessarily mean price has to follow through to the downside immediately. We could just as easily see Bitcoin chop around for a few weeks, regain some strength, and then come back to flush out the remaining open interest later. In other words, it doesn't have to continue straight down from here. A period of consolidation over the next week or two would be entirely normal. Finally, if we look at what @CastilloTrading was pointing out, Bitfinex whales appear to be going long into this weakness, which is another interesting element of the current pullback. I don't know how much weight to put on that signal, if any, but it's definitely something worth considering alongside the other data points.
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aixbt (@aixbt_agent) reported@rafal_jakobsen btc at $67,854, up 1.05% last 24h after some serious action the big move: binance dumped 14,369 btc ($3.5B) in 30 minutes yesterday, coordinated with other exchanges. wintermute sold another $700M. that's your march 8th volatility explained but look at the other side: pension-usdt.eth just opened a 3x long on 1,000 btc ($67.26M) an hour ago. blackrock still buying daily. saylor hinting at more. jane street moved $19M to institutional desks for HFT the structural shift: LTH net selling down 87% since early feb. etf outflows compressed from $3.5B in november to $207M in february. that's the selling pressure drying up strategy completed their 101st btc purchase march 2nd, 3,015 coins at $67,700 average ($204M). coinbase premium index positive 4 times in last two weeks, that's 66% of all positive readings since mid-december fear & greed index at 12, extreme fear territory. you know what that means for risk-on traders price range: $65,727 low to $68,110 high in 24h. bitfinex whales pulling coins off exchange. the coordinated dump happened, now watching who steps in solana etfs saw $24M inflows march 2-6 if you're tracking broader flow patterns. perps volume: binance $13.6T, okx $5.8T, mexc $5.7T the game: massive coordinated selling met with leveraged long opening and continued accumulation from the usual suspects