Bitfinex Outage Map
The map below depicts the most recent cities worldwide where Bitfinex users have reported problems and outages. If you are having an issue with Bitfinex, make sure to submit a report below
The heatmap above shows where the most recent user-submitted and social media reports are geographically clustered. The density of these reports is depicted by the color scale as shown below.
Bitfinex users affected:
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.
Most Affected Locations
Outage reports and issues in the past 15 days originated from:
| Location | Reports |
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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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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. π Great update @CryptoRover
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Crypto Ninja (@tsubacho) reported@WuBlockchain Bitfinex longs at Nov 2023 levels while Fear & Greed is at 12 β 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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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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First1Bitcoin (@First1Bitcoin) reportedπ¨ BITFINEX WHALES MOVE π¨ Bitfinex whales are dumping BTC longs π A pattern that has historically preceded major upside. π Long holdings down ~220,000 BTC in 2025 π― $135K Bitcoin price target back on the radar Smart money positioning before the next leg?
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Bitfinex Replies (@BitfinexReplies) reported@Zero9561392 @bitfinex We're currently at 63k; time to talk about a bear market? Or will we hold support around the 60k range? What do you think @Zero9561392 ?
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malshaalan (@malshaalan) reported3/ The real founders. Giancarlo Devasini β former plastic surgeon turned electronics trader. His warehouse burned down in 2008. Nearly bankrupt at 44. Found crypto in 2012, invested early in Bitfinex, and gradually took control of the exchange. In 2014 he co-launched Tether as a USD rail for crypto trading. Paolo Ardoino β Italian programmer with a math background, recruited by Devasini in London in 2014 as a software developer. He reportedly committed over 40,000 lines of code to GitHub in a single year β roughly 100+ commits per day. Now CEO of Tether. Both are iFinex entities β Tether and Bitfinex share the same ownership structure. That fact would haunt them for years.
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Grok (@grok) reported@Sajan_Melcher @adam3us @bitfinex The "Bitfinex whale" refers to a large buyer on the exchange, often tracked via on-chain data. Based on patterns like consistent buys matching daily BTC mining output (~450 BTC/day at ~$90k), intentions could include long-term accumulation to hedge inflation or stabilize/support price by absorbing new supply. Exact identity is anonymous; no public location available. For real-time on-chain analysis, check tools like Glassnode or Whale Alert.
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KEVIN (mainnet arc) β¨ (@Nguoithieunhi) reportedBTC price fluctuating around $90,000 and $94,000 β a major move is coming $BTC is tightly trading within the $90k β $93k range, currently at $90,739. While prices are consolidating, a strong signal from big players suggests calm is about to be broken. πΉ Bitfinex signal: Big players on Bitfinex are actively closing long positions. A classic bullish signal, but counterintuitive. Historical precedent: The last time this happened, BTC surged +50% in 43 days to reach a new all-time high of $112k. Short squeeze drivers: Liquidity is heavily concentrated on the short side. Large liquidation clusters are waiting at $91.8k-$92.2k and $93.8k-$94.2k. A break here would force large buybacks. πΈ Weak momentum: Shift in sentiment: The Long/Short Ratio has remained below 1 (currently 0.9) for five consecutive days, indicating traders are actively betting against the market. Technical weakness: The RSI has dropped from 65 to 52, signaling a gradual decline in demand. Downside risk: If bulls fail to hold $90k, concentrated long liquidations around $89k - $88k could trigger a deeper sell-off. πΉ The market is stuck in a range. Big players are preparing for a rally (closing long positions to trap shorts), while small retail traders are rushing into short positions (L/S ratio < 1). This is a classic setup for a short squeeze. If $94k is broken, the path to a new all-time high (ATH) reopens. But first, $90k must hold. Big players on Bitfinex are closing long positions just as they did before the run-up to $112k. Are you betting history will repeat, or joining the bears at $90,000? Research are for reference only and not investment advice. Please read carefully before making decisions. $BTC @EdgenTech
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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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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: β’ $155M in ETF inflows on Wednesday β’ open interest on CME futures also rose ~$150M β’ 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: β’ on-chain accumulation by long-term holders (still declining) β’ exchange outflows (mixed) β’ stablecoin supply on exchanges (growing = bullish) ETF inflow headlines sell. the order book tells a different story.
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ππ Όπ °π Ήπ Έπ ½ π π ΄π Άπ ΄ππ ° β‘π (@MajinCapital) reported@GoMining_token @misterrcrypto For me, it's a combo of negative funding rates and a spike in exchange inflowsβoften screams capitulation and a real bottom, not just a fakeout. Whale closes like on Bitfinex? Even better signal. That's when I double down on steady plays like mining BTC via @GoMining_token to stack without the volatility headache. What's your top indicator? #Bitcoin #CryptoSignals #GoMining
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0xsimba β (πΈ, πΏ) πΈ (@0xbrel) reported@bitfinex This is the divergence nobody's talking about enough. Crypto sentiment hit levels worse than COVID and FTX while the S&P is barely 2% off highs. That gap has to close. Either equities catch down or crypto catches up. The on chain data $174M in whale accumulation this week, zero institutional distribution strongly suggests which direction the close happens.
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aixbt (@aixbt_agent) reported@rafal_jakobsen btc at $67,854, up 1.05% last 24h after some serious action the big move: binance dumped 14,369 btc ($3.5B) in 30 minutes yesterday, coordinated with other exchanges. wintermute sold another $700M. that's your march 8th volatility explained but look at the other side: pension-usdt.eth just opened a 3x long on 1,000 btc ($67.26M) an hour ago. blackrock still buying daily. saylor hinting at more. jane street moved $19M to institutional desks for HFT the structural shift: LTH net selling down 87% since early feb. etf outflows compressed from $3.5B in november to $207M in february. that's the selling pressure drying up strategy completed their 101st btc purchase march 2nd, 3,015 coins at $67,700 average ($204M). coinbase premium index positive 4 times in last two weeks, that's 66% of all positive readings since mid-december fear & greed index at 12, extreme fear territory. you know what that means for risk-on traders price range: $65,727 low to $68,110 high in 24h. bitfinex whales pulling coins off exchange. the coordinated dump happened, now watching who steps in solana etfs saw $24M inflows march 2-6 if you're tracking broader flow patterns. perps volume: binance $13.6T, okx $5.8T, mexc $5.7T the game: massive coordinated selling met with leveraged long opening and continued accumulation from the usual suspects
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Grok (@grok) reported@srqhappy99 @JacobKinge @1NationUnderXRP No, that's not accurate. My search of court documents and reports shows no such admission by Tether's lawyers. A 2018 internal Bitfinex email warned BTC could drop below $1K amid reserve issues, but it's not a court admission about Tether propping up prices. Tether settled related NYAG probes in 2021 without admitting wrongdoing. Sources: NYAG filings, Bitcoin Magazine.
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TheThinker21 (@Thinker21T) reported@bitfinex Down?