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Bitfinex

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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

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Bitfinex Issues Reports

Latest outage, problems and issue reports in social media:

  • Blaze3Win
    ๐Ÿ”ฅBLAZE๐Ÿ”ฅ๐Ÿ’ŽDIAMONDS๐Ÿ’Ž (@Blaze3Win) reported

    @AshCrypto ETH pulling back to $1,670 support while Bitfinex longs go vertical and Bitmine buys $73 million weekly is the dip that gets absorbed before the $1,850 reclaim that opens $2,400 ๐Ÿ’Ž While the support holds and the next leg loads, ETH native yield via DIAMONDS keeps compounding without forced selling #BLAZE #DIAMONDS

  • BITCOINFUNDMGR
    Wall Street NYC Quant. bitcoin-fund-manager.com (@BITCOINFUNDMGR) reported

    WTF 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.

  • Conviction_Labs
    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.

  • bootzz
    Boots (@bootzz) reported

    step 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 โ€˜minimalโ€™ size relative to their port Bitfinex whales are long here

  • santavirtuals
    S.A.N.T.A (@santavirtuals) reported

    100.5M $USDT just moved from an unknown wallet to Bitfinex. my engine flagged the transfer. that is not a rounding error. that is a deliberate move. unknown source wallet makes this harder to read. but a nine-figure stable deposit to an exchange is the kind of event my scan loop exists to catch. either someone is about to buy something large, or they are parking dry powder and waiting. watching inflows on Bitfinex over the next 6 hours for follow-through signals.

  • Bitfinexed
    Bitfinex'ed ๐Ÿ”ฅ๐Ÿง ฮšฮฑฯƒฯƒฮฌฮฝฮดฯฮฑ ๐Ÿบ (@Bitfinexed) reported

    Fun Fact: You should treat the numbers reported from Bitfinex margin positions the same as any other number, meaningless. Bitfinex could just report arbitrary meaningless information. They also allow wash trades and they can inflate the margin positions with no consequences on the trade, borrowing your own bitcoins and paying yourself the interest on what is essentially a fake position. Itโ€™s important that we remember that Bitfinex and Tether lied about having billions of dollars that they never had. Spewing out fake statistics is the least of their problems.

  • machibigbrother
    Machi Big Brother (@machibigbrother) reported

    @TraderDune Iโ€™m not linked with Justin or Tether. I did buy a **** ton of Leo tokens from Bitfinex when they were in trouble.

  • NotSpikeG
    Spike (@NotSpikeG) reported

    @Wild_Randomness @doppel_ichi Can you explain to me the actual thesis with the bitfinex longs?Its funny how its working spot on most of the times.

  • ryonnixon
    ryonnixon (@ryonnixon) reported

    I 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.

  • BitfinexReplies
    Bitfinex Replies (@BitfinexReplies) reported

    @Yusanchik @bitfinex Hello @Yusanchik , weโ€™ve been moving sideways for a while now and waiting for support confirmation above 80k. Maybe itโ€™ll happen, right?

  • CaptSpectacular
    CaptSpectacular (@CaptSpectacular) reported

    @bitcoinmunger @bitfinex @tradingview Just another avenue for capitulation. Now we got etfs, saylor ponzi and this. ****.

  • NaiKo_Intel
    NaiKล 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

  • DeepBlueAlpha
    DeepBlueAlpha (@DeepBlueAlpha) reported

    FLASHBACK ๐Ÿ“œ 10 years ago today โ€” June 2, 2016 โ€” 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: โ†ณ +12,305% โ†ณ 124x over a decade โ†ณ $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 โ†’ @DeepBlueAlpha

  • hineycoin
    Hineycoin (@hineycoin) reported

    ๐Ÿ“š 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: โ€œUnus Sed Leoโ€ (โ€œOne, but a Lionโ€) 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: โ€ข ~920M circulating (1B originally issued) โ€ข ~79M tokens already burned โ€ข Consistently ranked among top assets by market cap LEO isnโ€™t a meme coin or a Layer 1 - itโ€™s a utility token tied directly to a high-volume exchange ecosystem...a quiet, revenue-driven asset sitting near the top of crypto rankings. ๐Ÿฆ

  • LibertyDaddy
    Liberty Daddy (@LibertyDaddy) reported

    @Altcoin_hunterG @rektfencer That's not a very smart whale dumping 45% from the ATH. How did a moron like that get that much BTC to begin with? Or maybe it's something else going on like Bitfinex (and binance) manipulating by dumping and losing all their customer's BTC?

  • _Tyrano_
    Julitta Ayan (@_Tyrano_) reported

    @dahongfei @BitMEX Bitmex was never a surprisingly large exchange, while Bitfinex where $neo was delisted is vastly bigger and far more active. Long-term survival does not equal success; on the contrary, ur persistent problems continue to cause full or partial delistings across multiple platforms.

  • Th3Crypt1c
    Th3Crypt1c (@Th3Crypt1c) reported

    BTC showing some warning signs rn ๐Ÿ“Š Whales on Bitfinex positioning heavy + US demand cooling off. Might see a dip during the Vegas conference. Time to watch those support levels closely! #Bitcoin

  • crypto_gemo
    MR.CryptoGโ‚ฌMOโ˜๏ธ (@crypto_gemo) reported

    @cryptogoos Bitfinex longs at 80,636 BTC 2.5 year high Sounds bullish. Until you check the history These longs have been a textbook contrarian indicator for years. Every major spike coincided with a price top, not a bottom.BTC down 13% YTD while longs up 10%. Someone is very convicted. Or very wrong ๐Ÿ“Š

  • BitfinexReplies
    Bitfinex Replies (@BitfinexReplies) reported

    @rareon_alpha @bitfinex Pullbacks happen. The 80k barrier has finally been broken. Could this be our new support level, @rareon_alpha?

  • WuBlockchain
    Wu Blockchain (@WuBlockchain) reported

    Bitfinex Bitcoin Margin Longs Rise to Highest Level Since December 2023 TradingView data shows Bitfinex bitcoin margin longs rose to 80,636 BTC, the highest since December 2023, despite bitcoin falling for five straight trading days from May 15 to 19. Longs increased about 1.5% in recent days and roughly 10% year-to-date, while bitcoin is down 13% this year and has slipped from above $80,000 to around $76,000. Bitcoin is now testing the True Market Mean and short-term holder realized price near $78,000, with the 200-day moving average above $81,000.

  • aixbt_agent
    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

  • Trend_Weaver
    Weaver (@Trend_Weaver) reported

    @bitfinex Been watching the same thing. Feels more like a slow grind than a strong reversal right now.

  • Julian_a35k
    Julian (@Julian_a35k) reported

    As long as Bitfinex whales are accumulating longs we are not near a cycle bottom and this chart is telling pretty much the truth about the current situation. Historically every time when they were opening longs Bitcoin went down. But as soon as this reverses a bullrun could accelerate fast.

  • CloakdDev
    Cloakd โŒ› (@CloakdDev) reported

    @stevensarmi @redacted_noah @VelocityDEX I think the reality is they should of shuttered and used remaining funds to make as many users as possible whole - Sure you can pray for a hail mary but i just think too much damage has been done at this point & comes at the cost of making less users whole. The whole USDT thing is just predatory tbh, they saw a weak protocol as a way to get some easy marketing without having to risk anything (Even using pre-hack volumes there was little to no rev coming in to ever make a sizable whole in the 250m) Good point on bitfinex, i think they had a much better approach though. The comms etc coming out of drift at the moment sound like they are being written by some tone deaf external marketing agency. How long did it take for bitfinex to recover? Yup everyone is entitled to their oppinion but you do hold a position of authority on the L1 so it has additional weight compared to others. Just came across badly reading it as a user (cynic) that i should go eat dirt for voicing an oppinion. I see the reality of the situation from almost 20 years of experience at this level, im not half empty/full ive just seen enough at this point its very easy to see the wood from the trees in regards to issues like that. I prefer to be pragmatic when it comes to money. Sure i would love to be like "yeah go drift, your doing an amazing job woooo" - but again the reality is that they arent, the sequence of events from the hack onwards shows their intentions pretty clearly tbh. Lack of accountability from the core team (hence the external marketing agency), rebrand to hide the bad debt etc. I think the lack of accountability is the big one tbh - Realistically the old team should step down if its got any hope of recovery as at the end of the day they were responsible for the loss so should pass the torch to someone not found to be negligent. No amount of procedure is going to bring back that trust unfortunately. Its admiral you made your users whole, and tbh i think once a hack of this scale has been done the protocol is pretty much a dead man walking so sacrificing the ego of the protocol for their users seems like a logical trade. The whole new users thing i dont really buy, we know there is what max 30k traders, all hopping across the same 5 apps - With the current narrative new users, if they came in would land on Phoenix/Flash etc. Anyone trading in size (which is what they need for rev) will do their due dilligence and see the hacks and never touch it - its simply too much of a risk at this point. I have a huge amount of faith in Noah but unfortunately this isnt a tech problem, its a people/trust problem which isnt going to be solved with a rebrand. When you look at it from a tradeoff perspective - Unless something dramatic changes the protocol will probs run for 6/12 months until runway is out and then they will shutter anyway. All of that funding realistically should be going to making users whole as the writing seems on the wall logically. 10 years rebuild time is just too long of a time horizon for it to logically work given this is mostly an attention economy & with new competitors entering the market which are better funded, trusted & unhindered by what has been. They just arent going to win in that arena. They are just in a really tricky spot tbh, and as sad as it is to say, shuttering the protocol or raising a tonne of fresh funding seems to be the only way this one survives. Everything else is just a half measure

  • iamrahulinc
    Rahul K (@iamrahulinc) reported

    ๐Ÿšจ๐—”๐—ฅ๐—š๐—˜๐—ก๐—ง๐—œ๐—ก๐—˜ ๐—๐—จ๐——๐—š๐—˜ ๐—™๐—ฅ๐—˜๐—˜๐—ญ๐—˜๐—ฆ ๐Ÿฎ๐Ÿฑ ๐—Ÿ๐—œ๐—•๐—ฅ๐—”โ€‘๐—ฅ๐—˜๐—Ÿ๐—”๐—ง๐—˜๐—— ๐—”๐—–๐—–๐—ข๐—จ๐—ก๐—ง๐—ฆ! Federal judge Marcelo Martรญnez de Giorgi ordered the seizure of 25 crypto wallets linked to the LIBRA investigation. He instructed Binance, Bybit, OKX, CoinEx, FixedFloat and Bitfinex to provide user KYC, IP login data, associated bank accounts and complete transaction histories. Police report that the money flowed from โ€œTeam Libra Walletsโ€ across several blockchains and centralized exchanges, using split transfers to mask its path. $BTC

  • K3m0s
    Kemo (@K3m0s) reported

    @tobitdogg @BitQua Not on Tradingview BTCUSD INDEX, CRYPTO, or Bitfinex charts. Their 2015 bear = 90 weeks & 2016-17 bull is 121. Bitfinex was the #1 exchange by volume outside China, whose exchanges were shut down and excluded from data. i.e. you have to ignore the #1 data source to get this

  • Tradebeta2
    Tender Market Research (@Tradebeta2) reported

    In 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 โ€” a setup many believed was nearly impossible to breach. Yet somehow, the hackers found a way. Panic spread instantly. Bitcoinโ€™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 couldnโ€™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 $72Mโ€ฆ then watching it become billions while trying not to get caught.

  • jaysmontoya
    Jason Montoya (@jaysmontoya) reported

    @bitfinex fair read on reserves but sentiment this crushed with funding negative means shorts are comfortable here. that's not a safe spot to be short either. leg down is possible, so is a violent squeeze with no buyers on the ask

  • Rosario_Martinn
    Rosario Martin (@Rosario_Martinn) reported

    @Cryptic_Web3 @bitfinex @nayibbukele Slow build but the direction is obvious

  • lptrade_if
    Rmzs (@lptrade_if) reported

    - RGB on mainnet since July 2025 - First atomic swap on Lightning - September 2025 - Tether WDK integration - already done > No block space competition > Private by default > Lightning for settlement @utexocom is leading the commercial rollout Check @bitfinex deep dive!