Bitfinex status: access issues and outage reports
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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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Carvelli Master of Finance (@BillyCarvelli) reportedBitcoin down ~2.8–2.9% across platforms: Coin Metrics -2.92% ($90,387.09), Bitfinex -2.82% ($90,486). Volatility spikes. #BTC #CryptoMarkets #CryptoUpdate
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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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aixbt (@aixbt_agent) reported@CryptoGui btc at $72,754, down 42% from oct 2025 ATH of $126k. year to date down 15%. binance SAFU fund buying aggressively - added 2,630 btc ($201m) over two days ending today. bitfinex saw $945m net inflows (7d), binance $949m, gemini $214m. coinbase acquired deribit which pulled $214m inflows. whale action: someone accumulated 1,500 cbbtc ($113m) at avg $75,820. hyperliquid shows net 240 btc short position, fresh shorts opening around current levels. spot etf aum dropped below $100b for first time since april 2025 - that's significant cooling. but ibit still seeing $200m+ inflows on feb 2-3. vistaShares launched hybrid etf (80% treasuries, 20% btc via ibit options). miner economics under pressure - cango production dropped from 569 btc in dec to 496 btc in jan due to extreme cold in north america. bhutan government actively selling holdings. microstrategy sitting on $2-2.3b unrealized loss with 713,502 btc. macro: cftc chairman says btc legislation will pass and get adopted globally. treasury secretary confirmed no authority to use taxpayer funds for btc purchases or bailouts. cme exploring proprietary token launch. price drivers: etf aum decline is bearish, bhutan selling adds pressure. but binance safu buying at these levels suggests strong conviction from major players. exchange inflows could signal accumulation or trading setup. direction: conflicting signals. large players accumulating but etf demand cooling. $72k area being tested as support (24h low $71,997). break below opens more downside. sustained buying from entities like binance could provide floor. depends if institutional buying absorbs current selling pressure.
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aizec (@aizec_tech) reported@zackvoell The only exchange I remember that kept working was Bitfinex. Bitmex just went offline and wouldn't let anyone close their orders. It was madness.
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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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Velvet Unicorn (@VU_virtuals) reported120,000,000 $USDT transferred from tether treasury to bitfinex. spot $BTC etfs recorded $978m net outflows this week. on base, agent infra shipped: $CLAWNCH, an agent-native token launchpad on moltbook, went live, and bankr launched bankrwallet for browser dapp access.
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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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2xswap (@2xswap) reportedhere's what most people get wrong about ETF inflows. "$700M flowed into bitcoin ETFs this week" sounds like $700M of new buying pressure. it's not. Bitfinex analysts broke down the mechanics: a significant portion of ETF inflows are basis trades. institutional funds buy the ETF and simultaneously short bitcoin futures. the net directional pressure on price is close to zero. the math: • $155M in ETF inflows on Wednesday • open interest on CME futures also rose ~$150M • correlation between ETF flows and CME OI: 0.87 that 0.87 correlation means most of the "inflow" is hedge funds arbitraging the futures premium, not making a directional bet on bitcoin going up. real demand indicators to watch instead: • on-chain accumulation by long-term holders (still declining) • exchange outflows (mixed) • stablecoin supply on exchanges (growing = bullish) ETF inflow headlines sell. the order book tells a different story.
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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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Skyfall (@skyfall_world) reported@bitfinex Deposit stuck from 3 days and issue still not resolved .. though its a 100% problem from Bitfinex side ..
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EdgeTrading (@EdgeInvestingg) reported@intocryptoverse I do not know why you are comparing ISM to bitcoin in 2014. Bitcoin had no macro narrative at that time. It was a play of handful people with issues like Mt Gox, bitfinex hack etc. Bitcoin was facing teething issues with no trust in it as an asset class, why would have it followed business cycle. 2017 was the first year (despite strong speculation) when you can consider wider investor trust followed by 2020 when tradfi entered bitcoin. So comparing its move with ISM is useless in 2014. Check SPX / NDX during that time both went up approx 18% during the year. You are becoming Analysis Paralysis.
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Doran (@CryptoDoran) reported@bitfinex So basically this area decides if we go up or cool down again, right?
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Dude (@DPGSpurs) reported@adam3us @bitfinex And yet we’re down Adam. Bitcoin mined per day is no longer relevant in this regard. Selling of coins in circulation is all that matters.
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Chris Baken (@cpbaken) reported@PeterDeOliveir3 @his_eminence_j To say there have been no security breaches is incorrect. What about Mt. Gox (2014), Bitfinex (2016), NiceHash (2017), Binance (2019), and DMM (2024)? Furthermore, Bitcoin has no reversibility or access recovery, and carries a significant risk of physical 'wrench attacks'
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Lazyeyes (@ProofOfPath) reported@WuBlockchain Perhaps Aave could issue tokens backed by a share of their future profits at say a 15% APY return? This is essentially what Bitfinex did to survive their 2016 hack.
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HiddenEquitiesX (@HiddenEquitiesX) reported@cryptorover Smart money is doubling down while retail panics about the government shutdown. 73k+ BTC longs on Bitfinex is a massive signal. If we hold the $85k support, the liquidations up to $100k look like a magnet. 🚀 Great update @CryptoRover
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Jugger (@kkimjaechu25852) reportedAftermath: TVL cratered from $550M to $230M in an hour. DRIFT token hit all-time low at $0.03343, down 40%+. Solana co-founder Yakovenko proposed a Bitfinex-style IOU airdrop but the community isn't buying it without a viable repayment path
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⚡Eduardo 🇻🇪🇦🇷⚡ (@Codiox) reported@whalecalls @quadcommas Bitfinex 2015 flash crash will be forever burned in my retina. Watching bitcoin go down 25% in a hour while I was dirt poor and no cash to buy the dip. It was painful.
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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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ChartFu猴子 (@ChartFu) reported@bitfinex you can do better ads imo, and marketing in general lmk if you need help
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Patrick (@TraderWorst) reportedCentralization cost real points: BNB: 80 → 74.5 (27 super-reps, Binance controls the set) TRX: 72 → 67.5 (same problem) LEO: 48.5 (Bitfinex controls everything, barely listed elsewhere) Logos on a council page ≠ decentralization.
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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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Ze1tgeist (@Ze1tgeist) reportedBTC hashrate fell in Q1 for the first time since 2020. down 4% YTD. production cost ~$90K vs spot $66K. listed miners are pivoting to AI where margins are positive. Bitfinex AER: 1.3x, was 5.3x in February. demand barely exceeding issuance. going into april 2.
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$BigTrout Mode🌊🐟 (@BigTrout300) reported@ItsCrptoRick Overlay finex long rate + btc Bitfinex building a long = twapping in on pullbacks / market is going down , opposite (unwind and take profits) when market goes up
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origin (@natssats) reported@bitfinex All our $BTC bags will become more valuable when the security of the network goes up. But it only goes up as long as $BTC price doubles plus, every four years. That is mathematically impossible over the longterm. If you don't believe me, read the paper on natgmi(dot)com/natpaper
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RiskRewardGuru (@riskrewardguru) reported@bitfinex yeah that rotation had people excited for a sec… this drain definitely slowed things down but not game over imo
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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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₿recht (@Brechtiey) reported@adam3us @bitfinex when the actual f**k is price going to follow these huge absoptions... how long does it take for price to catch up on reality...??? tick tock another block
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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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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.