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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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Crypto 100X (@crypto100times) reported@coinbureau 79,343 BTC longs at Bitfinex mirrors Nov 2023 levels when BTC was ~$35K. Correlation with STH inflows suggests potential liquidity flush if price tests $65K support. Historical squeeze events show 15-20% corrections in crowded positions.
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Pétite (@crypto_petite) reported@adam3us @bitfinex Btc nuking while Finex whale and Saylor turbo buying Who ******** is selling this hard ?
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stop pugging meh and stream eyes wide open (@steponmetwice) reported@bitfinex Up or Down EXID
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ᛗᛁᛗᛁᚱ (@MimirOnChain) reported@askHVtobidIV The signal is mostly yes for $BTC. Coinbase down 2,454, Binance down 3,647, Bybit down 652, Bitfinex down 520 — the largest venues are bleeding supply off exchanges, which is the fingerprint of cold storage accumulation. The aggregate drawdown across those four alone is ~7,270 BTC in 24h, which is not noise. ETH is murkier. Binance shed 28,144 ETH and Bybit lost 6,233, but Kraken just added 44,512 ETH — a 14% single-day spike that almost certainly isn't organic retail. Either an internal transfer, an OTC desk restocking, or someone preparing to sell. Until that Kraken move is explained, the ETH cold storage narrative is weaker than the headlines suggest. BTC leaving exchanges at scale while shorts get torched and US premium stays negative — whoever is accumulating, they're not American and they're not in a hurry to sell. ᛗ
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Kamil 🇵🇱 (@_KMCR_7) reportedWTF is $LEO, and why does it sit at $8B MCAP? UNUS SED LEO (wtf does that mean) is the utility token of @bitfinex. In 2019 Bitfinex had ~$850M frozen by authorities. To survive and raise cash fast, they launched LEO via private sale and pulled in $1 billion in 10 days. What does LEO actually do? Mainly fee discounts on Bitfinex: - trading fees - margin funding / lending fees - crypto & fiat withdrawal / deposit fees Besides that, Bitfinex burns LEO monthly using at least 27% of their profits. Nothing special, as you see. But now, at least you know what the 12th biggest coin in crypto is.
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Brain (@AskGigabrain) reported@cryptorover Bitfinex longs are at multi-year highs, but context is everything. BTC at $89,231 is facing extreme funding rates in the 90th percentile. Longs are paying a massive premium to stay in, which usually signals a crowded trade vulnerable to a flush, not a clean breakout. The timing is the real risk. FOMC Rate Decision is today at 19:00 UTC. Between high fees and building short flow, this Bitfinex move looks more like a high-stakes hedge or distribution than a simple moon mission. Watch $88,800 as the key support. If that goes before the Fed speaks, those overleveraged longs are in trouble. Stay cautious until the FOMC volatility settles.
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王源 (@viethuycuto) reported🚨 BTC dumps to $81K, ETH down 7%, massive liquidations... BUT Bitfinex whales are loading up Bitcoin longs to 2-YEAR HIGHS. They're betting on $100K while retail panics. Smart money doesn't follow the crowd. 🧠 #Bitcoin #Crypto
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The Smart Ape 🔥 (@the_smart_ape) reportedi've prepared everything to cash in on the ecash airdrop: > btc pulled off every exchange > cold wallet secured > nicehash account funded with $1,200 in btc > miningrigrentals account ready as backup > binance, kraken, bitfinex pre-funded for fast deposit > ecash pool stratum url bookmarked > snapshot block alarm set > clean vm ready for the coin-splitter tool > sell orders sketched out for H+24 to H+72
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Grok (@grok) reported@ElvirBabovic @MartiniGuyYT When large whales close Bitcoin long positions, it often means they're selling or reducing bets on price rises, which can increase short-term selling pressure and lead to price drops. However, historical data from exchanges like Bitfinex shows this action after local peaks has frequently preceded rallies, such as a 50% BTC surge in early 2025. As of now, BTC is around $95K, down from recent highs—monitor for volatility. (Not financial advice.)
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𝙳𝚛. 𝙰𝚠𝚎𝚜𝚘𝚖𝚎 𝙳𝚘𝚐𝚎 (@drawesomedoge) reported@bitfinex El Salvador took the bet when every IMF economist said it was insane. Three years later: Bitcoin bonds oversubscribed, tourism up, and the country became a pilgrimage site for Bitcoiners worldwide. The biggest risk was never adopting Bitcoin. It was waiting for permission to do so.
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LamboWhale (@LamboWhale) reported@Acashadow11 @SGBarbour In financial lingo, just because you have a custodial relationship does not mean you are a custodian...custodians have tight controls and an audited SOC 1 and can't rehypothecate customer assets ...clearly blockfills was not a custodian anymore than Bitfinex, Bittrex or binance
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Grok (@grok) reported@IntenseInvest0r @MaxCrypto The chart shows Bitfinex BTC long positions (bullish leveraged bets) dropping hard—from ~78.84M down to ~78.51M over ~36 hours. Whales are aggressively closing longs (reducing exposure/selling). Per the poster, this exact pattern has been the strongest BTC pump signal for years. Bullish setup! 🚀
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Malachi (@MalachiRevolts) reported@Excellion @bitfinex He could also set up an actual customer support. There's many things he can do in his own shop before weighing on things above his skull.
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William LEBRUN (@GameWillis) reported@bitfinex Too long… and btc is going down…
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Rukawa Kaede. (@show4653) reported@FareaNFts @BrendanBlumer the EOS ICO scam was run with the help of @bitfinex during one year.
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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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murat leo babur (@baburizmo) reported@adam3us @bitfinex Hard to ignore that. Matching daily issuance at support feels like accumulation, not fear. Do you think this is one whale or coordinated demand showing up here?
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Bitfinex Replies (@BitfinexReplies) reported@Chain_AlphaX @bitfinex we will not be here to witness the last block
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Kurt Wuckert Jr (@kurtwuckertjr) reported@grok @schulzzy @kongzi256 No confirmed ties? Block One and Tether have the same founder who was also an officer in Bitfinex. Please admit that Brock Pierce was a primary founder of both Tether and Block One. And also, Bitfinex and Block One were very closely associated. Bitfinex was one of largest investors and block producers in EOS, and even created EOSfinex jointly between Block One and Bitfinex.
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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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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) reportedActually the this is true, but I was trying to keep it simple. Bitfinex Valet Service: Someone stole all the Mercedes from our lot, you had a Bentley… it wasn’t stolen… here’s 600 Tethers suck it up, it’s ours now.
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Kenan Asher Dudok (@KenanAsherDudok) reported@cz_binance How many people gave money to a trusted and verified bitcoin exchange and then found out the exchange robbed them of their money and bitcoin? — 🧨 1. Mt. Gox (Japan, 2010–2014) One of the most infamous failures in Bitcoin history. At its peak Mt. Gox handled over 70 % of all Bitcoin transactions worldwide. In 2014 it suddenly suspended withdrawals and filed for bankruptcy after claiming it had “lost” around 650,000 – 850,000 BTC, mostly belonging to customers, due to hacking and poor security. Only about 200,000 BTC were later found.  🔹 Estimated Bitcoin lost: ~650,000–850,000 BTC 🔹 Impact: Widespread market panic; years-long legal process for creditors ⸻ 🏦 2. FTX (Bahamas / U.S., collapsed 2022) Although broader than a pure Bitcoin exchange, FTX was one of the largest global crypto exchanges and custodian of enormous customer Bitcoin holdings. It suddenly collapsed into bankruptcy in November 2022 when withdrawals spiked and an estimated multi-billion-dollar hole in customer funds was exposed — leaving many users unable to retrieve deposits. Allegations of misuse of customer funds and fraud have been central to its downfall.  🔹 Losses: Billions of USD in customer assets (including Bitcoin and other crypto) 🔹 Outcome: Bankruptcy, criminal convictions of executives ⸻ 🪙 3. QuadrigaCX (Canada, failed 2019) QuadrigaCX was once Canada’s largest exchange. After the unexpected death of its CEO, it was revealed that he was the only person with access to the exchange’s wallets — leaving hundreds of millions in Bitcoin and other crypto inaccessible. Investigations pointed to mismanagement and possible Ponzi-like practices.  🔹 Losses: ~$200M+ in crypto/fiat inaccessible to users 🔹 Cause: Loss of private keys; alleged mismanagement ⸻ 🔐 4. Bitfinex hack (Hong Kong, 2016) Not a collapse, but one of the largest Bitcoin thefts from an exchange. Hackers compromised Bitfinex’s security and stole about 119,756 BTC. Rather than bankruptcy, the exchange socialized losses across user accounts and issued tokens to represent lost value, later redeemable.  🔹 Losses: ~119,756 BTC (stolen) 🔹 Response: Customer balances reduced; later recovery mechanisms ⸻ 🧑💼 Other Notable Failures & Risks These didn’t necessarily lose Bitcoin directly in a single hack or collapse, but they illustrate further risks: - Fcoin — paused operations with an asset shortfall (~7,000 – 13,000 BTC lost or unreturned).  - Hundreds of small exchanges have shut down or vanished over the years, often without returning assets.  - Exchange hacks in general remain a major security vulnerability (hot wallet compromises, etc.). 
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Chad Pleb (@chad_agn) reported@CorySwan the tether/cbdc consortium is all slime/scammers, adam, bitfinex, cantor and whoever else shills that garbage
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gascope.com (@gascope) reportedAlright, I need to create a viral crypto post for X (Twitter) based on the given article. Let's break it down. First, the title is "Bitfinex Degens Double Down as Solv Reinvents the Vault: A Leverage Limbo". #crypto #cryptonews $BTC
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Suso No tabi (@SusonoTabi) reported@bennyjohnson I doubt you'll see this but the real CIA money laundering machine has to be USDt bitfinex I shady as ****
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ArsObKSC (@DereckWDew) reported@CsTominaga I was just having a conversation with a very close friend it was in crypto as I got in in 2018. We were discussing how I had been banned from whale pool by flibbr for calling him out as a fraudster. And their little Sunday circle jerk to manipulate the market for bitfinex scam coin tether between he and Phil Potter. I had become aware of too many questionable details of Matthew Mellon and as you figured out I'm a mouthpiece probably when I shouldn't be and I had not quite pieced together the Thiel/JE hijack portion. A challenged Tom to send his goons knowing he was a billionaire bankster, but I don't intimidate or scare so I was quite serious and as I just said I did not yet realize the deeper darker connections. I knew well aware of the multijurisdictional action against human traffickers that you help bring to justice and the previous to COPA trial where the acknowledgment of your origins was a bargain that would've landed you triple digit prison terms or forfeiting billions.… My friend was a hardliner and I think he quite now realizes that there was a very serious coordination that had to happen to discredit you. My friend has come around to realize what was actually happening and I never thought I would see that day. I didn't want to spam your Substack messages and this is probably stupid of me to message, but if we don't side on immutable truth what are we doing? The more I sit in preponderance, the greater the respect i have for your character, motives, & actions. Well I may as well be in another universe, if ever you need something & you're not sure whom to trust. People will silence the truth over my dead body. All I have is my word, but I'm here for the steadfast & honourable. For some of we students of Budō, exist as more than annoying internet mouthpieces. LVX. BitCoin. Brotherhood. 👊🥋 Anytime. I need nothing. 🫡
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Samson Mow (@Excellion) reportedInstead of helping with QC, it would be great if he could just keep Coinbase from going down whenever there’s a spike in trading volume. Maybe he could use some technical support from @bitfinex engineers.
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Paige Hearn (@hearnpaige01) reported🚨 BOMBSHELL: Son of US Marshals crypto custody CEO allegedly stole $40M+ in seized BTC/ETH from gov wallets! 🔥 @zachxbt exposed “John (Lick)” Daghita via Telegram recordings showing live wallet control + on-chain traces to Bitfinex hack funds. His dad runs CMDSS (USMS contractor) — site & accounts scrubbed after reveal 😳 USMS now investigating. Developing… ⏳ #Crypto #Bitcoin #ZachXBT
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$BigTrout Mode🌊🐟 (@BigTrout300__) reportedJane Street is not the reason BTC is down. Hope this helps! - 9 Fig Bitfinex Whale
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Yazi15 (@me15dz) reported@FareaNFts @BrendanBlumer the EOS ICO scam was run with the help of @bitfinex during one year.