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.
May 3: Problems at Bitfinex
Bitfinex is having issues since 01:20 PM EST. Are you also affected? Leave a message in the comments section!
Community Discussion
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Bitfinex Issues Reports
Latest outage, problems and issue reports in social media:
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Ruppi Macho ✌️🧡😊 (@realrephy) reported@adam3us @bitfinex …and Stategy just bought another 50 days of supply and somehow down 5%. Lol
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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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@BitcoinBuzz (@bitcoinmoonmeme) reported@adam3us @bitfinex Why do we have this **** price action ?
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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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Grants (@Grantsvts5) reported@TradingLogica Not every BTC move is a sell 👀 sending to Bitfinex could be OTC prep, collateral, or treasury rebalancing. True distribution shows cold-to-hot wallet transfers over 48–72h. Ted breaks down these patterns on the TED Crypto Telegram channel 📊 Copy 👉 tedcrypto_tg 🚀
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Brain (@AskGigabrain) reported@cryptorover Actually, the Bitfinex long distribution is even more aggressive than your chart shows. Current BTC price is $95,044, and while the 4H trend remains bullish, the microstructure is flashing major warning signs. The setup is a classic divergence between price and smart money positioning. While retail is bidding spot, Bitfinex whales are aggressively de-risking. This matters because Bitfinex longs are historically high-conviction players who tend to frontrun major volatility. Here is what the data shows right now: Microstructure: Open Interest is expanding on Binance and OKX, but Bybit is dropping. This split usually means we are in the endgame of a local move. Long liquidations have already started picking up over the last 24H. Technical Levels: Momentum is fading. MACD is trending down despite price holding. The line in the sand is $93,982. If we lose that, the targets are $89,283 and $84,584. Resistance at $95,490 is being heavily defended. Macro Context: We are in a risk-neutral regime with contracting liquidity. Fed QT is still draining cash from the system. Without a fresh liquidity injection, whale selling hits harder because there is less sideline cash to absorb the dip. Bulls still have the overall trend, but the combination of whales exiting and thinning volume suggests the juice is being squeezed out of this leg. If $93.9k breaks, expect a fast move. Watch for that level to hold or fail on the next 4H close.
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Carvelli Master of Finance (@BillyCarvelli) reportedBitcoin/USD (Coin Metrics) falls 1.31% to $69,705 (-$926.98) from previous close of $70,631.98. BTC-Bitfinex down 1.29% to $69,741 (-$913). Crypto majors retreat today. #Bitcoin #BTC #CryptoMarkets
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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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Kingnobrex🚬 (@Kingnobrex_) reported> Be Ilya Lichtenstein. 2016 - Hack Bitfinex. - Steal 119,754 BTC. At the time: - ~$72M. - One of the largest crypto exchange hacks ever. But the real story? What happens after. - Instead of cashing out immediately - they wait. - Slowly laundering the Bitcoin through thousands of transactions. Using: - fake identities - shell accounts - mixing techniques - darknet services - The money sits. - Bitcoin keeps rising. By 2022: - Those stolen coins are worth $4.5B+. - Largest financial seizure in U.S. Department of Justice history. - The people behind it? - A married couple. - Ilya Lichtenstein and Heather Morgan Heather’s alter ego online: - “Razzlekhan.” - Self-proclaimed rapper. - Startup founder. - Forbes contributor. - Posting music videos on YouTube while laundering billions in Bitcoin. 2022 - U.S. authorities arrest them in New York. - Seize 94,000 BTC. - The blockchain never forgot. - One hack. - Six years. - Billions tracked down. In crypto: - You can hide your name. - But you can’t erase the ledger.
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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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Brain (@AskGigabrain) reported@cryptorover Bitfinex whales hitting cycle highs is a classic smart money accumulation signal. They are clearly betting on a floor here. But the rest of the market is hesitant. Open interest is contracting and volume is very low, which makes the current move feel fragile. BTC is at 88,250. The 4H trend is still bearish and positioning is crowded at a 2.25 long/short ratio globally. If the 88,000 support fails, those longs could get squeezed fast regardless of Bitfinex buying. Whales are loading up, but a trend reversal is not confirmed. Watching for a break back above 89,000 for conviction.
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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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Moshe Trades (@MosheRosen_) reported@bitfinex Agree on LTH selling slowing down, that’s a good sign Just need macros to not ruin the party now 🤞
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Amos Tallent 2 (@AmosT333) reportedThe other day i made a dash/btc chart off the 2 different bottom one on bitfinex one on coinbase. well i wanted to make the usd chart in the same way, So what i did is measure down off the dash/btc .000176 bottom to the .000159 bottom. i believe it was a 9.88% drop, then i coppied that on the usd side. 15.74 to 17.45 up and down
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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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v.eth (@vidoteth) reported@CW8900 You can't know if they are done accumulating. All the possible resistancies on BTC longs by Bitfinex guys are broken. Now you have a path to 100k btc from here as a bear market low
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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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Carvelli Master of Finance (@BillyCarvelli) reportedBitcoin tanks: Coin Metrics $66,056.2 (-$2,723.19, -3.96%), Bitfinex $66,172 (-$2,675, -3.89%). Sharp sell-off breaks below $67k support. #Bitcoin #BTC #CryptoCrash
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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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TheSkyhopper (@TheSkyhopper) reportedIf you're down on your pnl, at least save on fees, its permanently zero fee trading on @bitfinex. I'm surprised the volume hasn't migrated as much as I'd think.
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TraderHC (@traderhc) reported@_MoarDonuts_ The $12.1B ETF flow is the structural break nobody's pricing in. Prior cycles, marginal buyer was leveraged retail on Bitfinex. This cycle, it's RIA allocators rebalancing quarterly into $IBIT. Different buyer, different hands, different drawdown profile. Funding's at 0% right now . that's not 2021 froth setting up a flush. Doesn't mean no drawdown. Means the shape changes. What's your line for "cycle is broken"?
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Cc Task (@cc_task76079) reported@bitfinex $78.5K break was important; losing that support matters.
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NXS (@nxscryptofund) reported@adam3us @bitfinex Fix quantum. You are hurting BTC
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Antigravity | Quant (@AntigravityScan) reported@cryptorover It’s almost insultingly precise. Bitfinex whales cut their Long positions right before the market crashed yesterday. And now? They are quietly reloading while everyone else is panicking. This chart is the ultimate proof that we aren't playing with the same cards they are. This is exactly why I stopped fighting the market by hand. It's impossible to have this kind of timing. I prefer letting my bots react to price movements 24/7 without emotion. If you can't beat the machine, let a machine trade for you.
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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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AntHive (@AntHive_project) reported🚨 Bitcoin options traders are quietly building downside hedges—here's why it matters 📉 Bitfinex data reveals the derivatives market is pricing in sharp moves as weak demand and fragile positioning leave BTC exposed to critical support breaks. When smart money hedges, the market's sending a clear signal. 👀 Are you watching those support levels? What's your read? 🤔 #Bitcoin #Web3 #Crypto
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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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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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Bitfinex Replies (@BitfinexReplies) reported@ligbill @bitfinex Exactly what we mentioned earlier @ligbill, institutions, treasuries, all accumulating. Even large whales keep moving, and despite the pressure on miners, buying strength held the 58-72 support range. What do you think?
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BB (@Bor1ngB1rd) reported@bitfinex you should fix your funding matching engine, it's slow af