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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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NineInchTrails (@nineinchtrails) reportedBTC We went lower. And imo BTC looks like it wants to go lower soon again with breaking $60k eventually. Several BOSs. Closed below demand. Closed below CME gap. Closed below HTF range EQ. USDT.D now BOSs after the SFPs after the bullish 3 drives. Very bullish structure. Confirmed accumulation imo. Also crossed several fibs already. Now in supply. But overall imo USDT.D looks like it wants even higher. All on the daily as well. BVOL out of support. BTC Longs on Bitfinex moving up nearing the next supply level that could indicate a possible local bottom of $44k-$48.9k. So a clean HTF redistribution to me here. The level between $68kish and $70kish acted as a strong "downside trampoline" like I thought. CME Gap + FVG + Range EQ + strong bullish level before at the move up. Things further speed up in terms of going down as thought. Don't know if it's just a coincidence and bs or if I turned knowledge into correct learnings. Waiting for a close below $62.kish SL for confirmed SOW. And as far as I get it there's also no real HTF liquidity there. Would support the idea of a further fast move down. And I think if we close below the $60kish low the probability is very high that we could go all the way down to the $44k-48.9k region for the next local bottom afterwards. FIFA World Cup could act as a nice distraction then maybe, to make the herd believe "everything is good, it's already going up again". HTF Bias: still bearish Main Thesis: we could go below the Feb 6th $60.kish low. Invalidation: in case we should close above $90.kish we have a bullish ChoCh on the daily. // As already stated often but again here and there: Below a TA beginner and not trading yet. So just paper trading here for improving TA.
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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?
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Bitfinex Replies (@BitfinexReplies) reported@bitfinex @WSJ For Bitcoin, resistances were made to be broken over time.
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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.
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Crypto Newsletter ₿ (@cryptonewsleter) reported🚨 UK BANK DATA BREACH Lloyds Banking Group hit by an IT glitch exposing data of ~450,000 customers. Transaction details + personal info reportedly leaked. Another reminder: centralized systems = single point of failure. 🚨 BITCOIN LONGS SPIKE — WARNING SIGNAL? BTC longs on Bitfinex just hit highest level since Nov 2023. Position count: 79,000+ Historically, spikes like this often precede short-term tops and potential long squeezes. ⚡ AI JUST SHOOK CYBERSEC STOCKS Anthropic’s new “Mythos” model triggered a sharp selloff: Cyber ETF: -4.5% Tenable: -9% Okta: -7% CrowdStrike: -6% Reason: AI may outperform current cybersecurity tools. Big shift coming.
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Crypto Ninja (@tsubacho) reported@WuBlockchain Bitfinex longs at Nov 2023 levels while Fear & Greed is at 12 — wild divergence. Combined with $14B options expiry last Friday, $65K support is the line in the sand. Break below = cascading liquidations.
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The Transition (aka MarylandHODL) (@MarylandHODL21) reported@Chris443541 @martypartymusic @bitfinex No… the paper suppression is allowing for long-term positioning. It’s recapitalization. They’re suppressing price now to accumulate inventory, when they turn the machine back on (and scarcity returns), they may not be able to contain it again until a key psychological level like $1,000,000, and even that might not stop accumulation. That’s where BitBonds enter the chat. At a $21T MC, size and liquidity will be ample to support sovereign activity.
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Machi Big Brother (@machibigbrother) reported@TraderDune I’m not linked with Justin or Tether. I did buy a **** ton of Leo tokens from Bitfinex when they were in trouble.
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Ramil Amirov (@mcp0x) reportedIn April 2017, BitMEX had a problem. Bitfinex (their lending rate source) was getting cut off by banks. So BitMEX froze the "interest rate" part of perpetual funding at a 12-month historical average and moved on. As @CryptoHayes wrote in BitMEX own blog: "we will select an appropriate exchange from which to source overnight USD and Bitcoin rates." They never did.
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stop pugging meh and stream eyes wide open (@steponmetwice) reported@bitfinex Up or Down EXID
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$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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DeepBlueAlpha (@DeepBlueAlpha) reportedFLASHBACK 📜 10 years ago today — June 2, 2016 — 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: ↳ +12,305% ↳ 124x over a decade ↳ $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 → @DeepBlueAlpha
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Lain on the Blockchain (@CryptoCyberia) reported@colludingnode @satorinakamoto @0xCursr Kek cope It it public knowledge the feds pushed coinbase binance bitfinex etc to delist and Kracken told them ti **** off and they went to court against Kracken, as did EEA, UK and other feds. Really makes you wonder why theyre fine with zcash kek
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Bitfinex Replies (@BitfinexReplies) reported@rareon_alpha @bitfinex Maybe, but is this a sustainable shift? Will we have a new support in the 80k range? What do you think, @rareon_Alpha?
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CryptoForge (@CryptoForge) reportedBitcoin hit $71k+ on Iran ceasefire relief, but the rally is turning cautious for 3 clear reasons: • Bitfinex leveraged long positions are stuck near multi-year highs (80,057 BTC) — classic contrarian signal that hasn’t unwound despite the 15%+ bounce from $60k. • Muted U.S. institutional demand — Coinbase Premium Index is flipping between premium and discount (no strong buying conviction). • Crypto stocks barely moving (Coinbase +1.5%, MicroStrategy +3%) while Nasdaq/S&P rip higher. We yet to see real institutional conviction. Do you think $BTC will break the $70k support zone or this is just a market pump due to noise?
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Conviction Labs | NVISION (@Conviction_Labs) reported$BTC Bitfinex margin longs added a lot on this move down to 59k. Means a HUGE reversal by EOY.
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M-log1 (@log1_053) reportedThe reason you should block these accounts. Bitfinex whales are what you should counter trade, they are smart money but the way this morron makes all think like.
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Strategy Trader (@strategytraderE) reported@Karman_1s BNB support fails but Bitfinex BTC longs grow, alt weakness, not isolated crash.
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Egs (@ventotene12) reported@bitfinex Bro we’re down like 10%
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Morphlin (@morphlin_com) reportedRT @BFXSecurities: Bitfinex customers previously needed a separate sub-account to access tokenised securities. That requirement is gone. R…
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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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Byul (@byul_finance) reported$crypto $BTCUSD Bitcoin Tests $81,500 Support Amid Volatility, Bitfinex Analysts Eye $84,766 Breakout Trigger
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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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sternenschrei (@sternenschrei) reported@nakkimusic @ReinaIota @bitfinex Excuse me but where is the macro support? $0 ?
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Alex Buelau (@x10xalex) reported@FlorianMoi93884 @MagsinoCar49644 @shakelhan I redirected my attention to the blog post announcing the mainnet launch instead. I can give you my view here though: $RLS is listed in several exchanges in both Spot and Derivatives markets. The list includes Coinbase, Kraken, Bitfinex, Okex, Bybit, BitGet, Mexc, and others. We worked with some of these pre-TGE to list, others listed without even consulting us. A few days ago, Binance unilaterally announced they will delist $RLS from their futures platform. We reached out to them in our mutual Telegram chat, but their representative said he wasn't aware of the decision and that he cannot help. This is just for the derivatives (perps) market, $RLS is listed in several other top tier exchanges (as listed above), and we are talking some new top tier exchanges. I used to be a fan of Binance...
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Bitcoin Well (@bitcoinwell) reportedTether traded at 99.8 cents on Coinbase overnight. Kraken showed 99.83. Bitfinex got dragged with them. The peg is back already, but what can we learn from this? A stablecoin is a promise that one unit is always worth one dollar. The promise is collateralized by Treasuries, commercial paper, and the willingness of an arbitrage desk to buy below par when the spread opens. The collateral works most of the time. The arbitrage works most of the time. But what is "most" of the time worth, especially when the thing your pegged to is already losing value every day? Bitcoin made no such promise. The protocol does not target a price. It targets a supply. It produces a block every ten minutes whether the dollar is 1.00 or 0.97 or 1.04 against another currency. The chain has no peg to defend. Stablecoins stabilize against the dollar. They do not stabilize against the conditions that move the dollar. When the conditions move hard enough, the peg slips, the arbitrage opens, the spread closes, and the chart looks normal again two hours later. The thing the spread was telling you about the system underneath is the part you are supposed to remember. Bitcoin does not chase a price. 1 BTC = 1 BTC always.
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killacommies (@killacommies) reported@bitfinex wtf is a gRoWtH sHoCk
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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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2weed 🇵🇸 (@TAUHEED5) reported@CW8900 Wtf is bitfinex whale
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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.