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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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𝗕𝗮𝗻𝗸XRP (@BankXRP) reportedXRP longs on Bitfinex just printed a massive round trip. Positions surged from 4.9M in June to a peak of 6.45M in late August one of the biggest leverage buildups this cycle. Now unwinding: longs down to 5.62M, price back to $1.41 (-1.61% today). Leverage got ahead of itself. Worth watching if this flushes further or finds support here.
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DataFox (@datafox21) reported@BarlasLevent @bitfinex Right. Nearly every time there is a spike price goes down afterwards.
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𝕽𝖎𝖈𝖔 𝕿𝖍𝖊 𝕮𝖍𝖆𝖘𝖊𝖗 (@RicoPointEth) reported@seth_fin @bitfinex Strong support zones are where sentiment usually gets tested. @seth_fin
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Matt Chad (@mattymaddog_89) reported@bitfinex Before your hair cut where you rugged me 60% of my BTC holdings because you got “hacked” **** you I’ll never forget
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Rheticus ⚡️ (@RheticusRhombus) reported@bitfinex I bought 1 sat at the pico top Now **** off
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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.
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EyeOnChain (@EyeOnChain) reportedAbraxas Capital isn't slowing down its ETH buying. Over the past 7 hours, Abraxas Capital has withdrawn more than 15,477 ETH, worth over $29.88 million, from major exchanges. That brings its total ETH accumulation over the past week to more than 48,996 ETH, valued at over $88 million, withdrawn from Binance, Bybit, and Bitfinex. The steady stream of exchange withdrawals suggests Abraxas continues to aggressively accumulate ETH rather than keeping it on trading platforms.
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ArsObKSC (@DereckWDew) reported@GavinMehl It stinks of desperation. The only involvement Craig would have because that he created bitcoin. This seems like Bitfinex oh, **** let's get them before it all implodes move—un tethered or micropenis strategy
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₿arnabyTheStoic (@BarnabyTheStoic) reported@bitfinex Wtf are you thinking asking this
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Bitfinex'ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed) reportedFun 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. It’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.
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Rob Leder 🟥 (@rleder) reported@romanwagmi @notgrubles The first guy used a paid account with a public blockstream explorer. I’d bet they are circling in on him. The follow-ons need to be smart enough not to screw up going forward. The Bitfinex hackers were caught after 6 years. People get lazy and make mistakes, which you can’t do when a 3-letter agency has a task force specifically dedicated to hunting you down.
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Rahul K (@iamrahulinc) reported🚨𝗔𝗥𝗚𝗘𝗡𝗧𝗜𝗡𝗘 𝗝𝗨𝗗𝗚𝗘 𝗙𝗥𝗘𝗘𝗭𝗘𝗦 𝟮𝟱 𝗟𝗜𝗕𝗥𝗔‑𝗥𝗘𝗟𝗔𝗧𝗘𝗗 𝗔𝗖𝗖𝗢𝗨𝗡𝗧𝗦! Federal judge Marcelo Martínez 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 “Team Libra Wallets” across several blockchains and centralized exchanges, using split transfers to mask its path. $BTC
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Beautyon (@Beautyon_) reported"He’s publicly stated numerous times their desire to put Simplicity, their smart contract protocol, on Bitcoin mainnet. He calls it "the last softfork". It would require certain parts of Taproot that BIP110 would hinder. It would prevent them from putting non-bitcoin assets on the Bitcoin base layer. Simplicity is currently on their sidechain, Liquid." This is super interesting, isn't it? Liquid, the side chain that is adjacent to Bitcoin, where, if you want to get out of it requires the consent of the cabal of nodes who administer it, Their "Permission" if the amount you want to get back in to bitcoin is "too much at one time". If Simplicity is already live on Liquid, then surely, if Liquid has any utility at all, this is what you need to be promoting, not putting Simplicity onto Bitcoin. Promoting Simplicity on Liquid might turn around Liquid's fortunes, making it into Etherium 2.0 and increasing Liquid's user base. At the moment, very few people are using Liquid. and it is not in widespread use. It has been live since 2018 but remains very much a niche network. The clearest metric is L-BTC in circulation: on the order of 3,000–4,000 BTC as of early 2026, versus roughly 130,000+ BTC wrapped on Ethereum and around 5,000 BTC in public Lightning Channel capacity. Most Liquid activity comes from a small set of participants; Bitfinex, SideSwap, Boltz swaps, and tokenized-asset issuance (e.g., Blockstream's ASSETS platform, El Salvador-related bond experiments), rather than broad retail or merchant adoption. The 15-member federation model has also kept some of the Bitcoin community at arm's length. It is a fundamental weakness in the model because trust is at the core of its architecture and design. Wallet support reflects this profund failure to capture market share. Out of the hundreds of Bitcoin wallets in circulation, only about a dozen support Liquid: Blockstream App (from Blockstream, which means they must support it) Blockstream Jade (hardware) AQUA (JAN3) SideSwap Marina (Vulpem, browser extension) Bull Bitcoin Wallet (uses Liquid internally for swaps) Ledger (limited, via Liquid app) BTCPay Server (via plugin, merchant-side) Specter/Elements-based desktop setups (for technical users) So as a proportion of Bitcoin wallets, Liquid support is in the low single digits percentage wise, and several of those are Blockstream's own products or companies closely aligned with it. The mainstream wallets, Electrum, BlueWallet, Muun, Phoenix, Sparrow, Trezor Suite, Exodus, Coinbase Wallet, Wallet of Satoshi, Phantom and the majority of others do not support it. The wallet runners have development teams who know exactly what they're doing, and they've rejected Liquid. Why is that? Putting Simplicity on Liquid was not enough to midwife the creation of Etherium 2.0 and bring "Crypto" heads into the Liquid ecosystem, and so having failed there or being too impatient to work on growing Liquid, they want to go straight to Bitcoin, and have Simplicity running in two places. The question is this; why are Blockstream in a privileged position to put their own scripting language into Bitcoin? If another company has another language, should that also be put into bitcoin? Is adding scripting languages to Bitcoin a privilege only for Blockstream, or can anyone do it. I think the answer is, "I'm the only one" because Blockstream's spokesperson says, "This is the last soft fork", meaning that no future languages will ever be soft forked into Bitcoin. Excuse me? Who elected these people as the guardians and final arbiters of what does and does not go into bitcoin? I think after BIP-110 there will be 0 chance of getting Simplicity into Bitcoin; after all, it is already fully live and available to anyone who wants it on Liquid, so they are free to experiment in that playpen, where they can harm no one. And that is the way it should be. Running your own sidechain where people can opt in and experiment under the rules of the committee is exactly how things should be architected. Liquid causes no harm to bitcoin, and is completely ethical. What it does show however, is no one wants that stuff. It's not compelling at all, or attractive; trust is anathema to bitcoiners. What makes anyone think Simplicity on bitcoin will be a hit? Hopefully that particular experiment is never run and we never have to find out at everyone's expense!
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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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Solana Sensei (@SolanaSensei) reported@Ryanhlx Oh **** it’s @bitfinex token apparently lol I didnt know
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ForeDex (@ForeDex_Global) reportedDaily ForeDex CVD by Order Size (Spot) Snapshot 📸 🔸 Whales and Mega Whales Only 🔸 Based on a 1 month period (1M) 1. Binance: Decreased 📉 2. Bybit: No Change ➖ 3. Bitfinex (USD): No Change ➖ 4. Bitfinex (USDT): No Change ➖ ✅ Summary: Unlike yesterday’s slight decline, Binance showed a more distinct step down today. The other three exchanges showed no change. [07-28-2026]
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ddadybayo (@ddadybayo) reportedThis is the kind of narrative that gets pushed while the actual architecture centralizes and leaks. Onion routing hides the full path. That part is real. But the protocol has built in leaks that have been known and documented for years: - Same payment hash on every hop →trivial correlation. - Balance probing recovers up to 89% of public channel balances. - Timing analysis: the single most central node can observe timing on 50% of payments. Top 4 nodes cover 72%. Meanwhile the “decentralized L2” part: - Public capacity hovers between 2.7k–5.6k BTC. - Top 10 nodes control 62% of all public liquidity. - Gini coefficient for node capacity: 0.97. - Top 10% of nodes hold 80% of the locked bitcoin. This is not decentralization. This is a hub and spoke system with a few very powerful hubs. Who runs these hubs? Mostly exchanges and LSPs: Bitfinex, ACINQ, Binance, Kraken, OKX, Wallet of Satoshi and similar. If you’re not running your own full node and managing your own liquidity, you’re almost certainly routing through these entities. They see sender, receiver and amounts. Privacy collapses. This isn’t a bug. It’s the predictable result of a design that prioritizes routing efficiency and capital efficiency over actual decentralization and strong privacy. Powerful adversaries (state level or well resourced) don’t even need to break onion routing perfectly. They just sit on or near the big hubs and watch. Lightning can move small payments faster and cheaper than on-chain. That’s its actual use case. But calling it incredible privacy by default while the liquidity and routing are this concentrated and while these attacks exist, is dishonest. Real privacy requires an additional layer on top (Chaumian ecash like Cashu is one attempt). The base Lightning protocol does not deliver it. Bitcoin was supposed to be a tool for financial sovereignty and resistance to control. When the dominant scaling solution creates new centralized chokepoints that are easy to monitor and potentially censor, we’ve traded one set of problems for another that serves power better. Data doesn’t lie. Narratives do.
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Gain (@GainMaxxing) reported@bitfinex Bitcoin is broken money, fiat is fake money.
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8️⃣6️⃣.gwei (@russian_bot_69) reported@tulipking imo the only way to grow a centralized stablecoin is by having a dominant consumer product take the lead on pushing distribution: bitfinex pushed tether when it was dominant coinbase pushed usdc as second mover, still worked bc it was a rapidly growing coinbase doing the pushing not circle other exchanges now doing same eating market share being a middleman/infra (circle spinoff) just makes you slow to react and anticipate. they need their own dominant consumer app, whether its trading, payments or whatever can get them to dominate distribution if it was an actually 100% decentralized stablecoin like a liquity or raidollar then yeah the long term slow approach of credibly neutral middleman/infra could work. but all circle is offering is assurance of following regulations, which a decade in many players understand how to do themselves now
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Pika C (@PikaC888) reported@bitfinex So you’re saying max pain is BTC going down ?
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Brutal Crypto Brief (@BrutalDegenX) reported475K $ETH pulled off exchanges in ONE week - Binance, Bitfinex, OKX, Gemini all bleeding outflows 👀 June avg return is -7.59%, ETH already down 16% this month - and degens are STILL buying the dip Brave or stupid, we'll find out $ETH #Ethereum
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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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BlackIntus (@Blackintus) reportedCrypto Fear & Greed Index: 16/100 — “extreme fear.” Bitcoin briefly broke $60K last week — worst stretch since FTX collapse in 2022. Now rebounding to $63,800. But Bitfinex warns: “Rallies are increasingly being sold rather than accumulated.” The structural problem hasn’t changed. Macro is restrictive. Rates are going higher. Bitcoin is a risk-on asset in a risk-off environment. 💰 YOUR MOVE: The $63,800 bounce is a relief rally, not a reversal. For the trend to change you need two things: Strait of Hormuz reopens (oil down, inflation pressure eases, Fed pause) or SpaceX IPO capital returns to crypto after the excitement fades. Neither is happening this week. If you’re long crypto, set a stop at $58,000. If you’re waiting to buy the dip — the structural floor is $52,000, not $60,000. @Blackintus
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Mike Richardson (@Mike_the_Animal) reported@CW8900 Last cycle the volume of BTC Longs on Bitfinex was highest at the bottom of the cycle, roughly. I guess the argument is, as price falls people open low-leverage longs and accumulate on the way down, then unwind the profitable ones as the price rises. Whether that is true or not, who knows. Also, on the weekly chart, they are still accumulating.
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Wu Blockchain (@WuBlockchain) reportedBitfinex Alpha: Bitcoin Lacks Sustained Spot Buying Support Bitfinex Alpha said the softer-than-expected US June CPI pushed Bitcoin to its highest close since June 22, but the rally was driven mainly by a repricing of macroeconomic expectations. The move lacked sustained spot absorption, a positive Coinbase premium and constant, price-agnostic ETF inflows, making it a form of “borrowed strength.” The report identified the $68,000–$68,300 range as a key decision band, with sustained ETF inflows needed to support acceptance above this level. Bitfinex remains cautious, warning that if the rates story reverses, the justification for the rally could quickly disappear.
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Ratih (@Ratih94357237) reported@bitfinex @WDK_tether @utexocom Any WDK wallet can access RGB issuance on Bitcoin and payments on Lightning without building the stack. It is painful to see how much infrastructure still needs to ship, but progress matters. What will you build next? 😔⚡
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Skin In The Game (@SITGnews) reportedBitcoin faces a key inflation test this week as key support levels near $60K are watched closely by Fidelity and Bitfinex. CryptoQuant warns the bear cycle may not be over.
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RUBU (@urubullish) reported@bitfinex Block
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Callistemon (@Callistemon25) reportedMarkets look rough today. Here's the chain: Iran threat escalates → oil surges above $90 → Fed hike bets reignite → crypto risk-off. $1B+ in liquidations, BTC back under $66K. The part most are missing: Bitfinex flagged BTC's bounce to $66,990 as thin positioning, not fresh capital. That matters going into a low-liquidity weekend. My move: holding current positions. Not from certainty, from a thesis that hasn't broken yet. Ask yourself the same this weekend. Not financial advice. #BTC #MarketRisk
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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