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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0xLaplace 🔺 (@0xlaplaced) reportedBitfinex survived by making everyone share the wound. Customer balances were cut by about 36%. In return came BFX debt tokens: $1 for every dollar lost. Hold, sell, or swap them for equity. Within eight months, Bitfinex redeemed the tokens. The bitcoin remained gone.
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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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Bitfinex Replies (@BitfinexReplies) reported@GoldPulseCrypto @bitfinex Maybe wouldn’t say we’re back to square one, considering the market has strong support above 75k after the end of the previous cycle. That’s positive, isn’t it, @GoldPulseCrypto ?
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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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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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The Chain Reserve (@thechainreserve) reportedBitfinex whales just stacked their biggest long position in 2.5 years while Bitcoin bled five days straight down to $77K. Same week, perp funding across majors flipped negative. The whales are leaning long on spot margin. The crowd is leaning short on perps. Two different books making opposite bets. Last time Bitfinex margin got this lopsided into a slide was June 2022. LUNA imploded a week later. Time before that, November 2021. The cycle top. The Bitfinex book gets called "smart money" on CT. Truth is messier. They show up early. They show up big. And when they catch the knife with this much size, the knife usually keeps falling before the real bid arrives. Order book under $76K is thin. Liquidation map stacks at $74K. The bounce comes. Just not from here.
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Moshe Trades (@MosheRosen_) reported@bitfinex @beincrypto BTC really said “not my problem bro” and kept moving 💀
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Jason Montoya (@jaysmontoya) reported@bitfinex the playbook ran early because ETFs front-ran it. ATH still came on historical schedule. this is the post-peak correction, not a broken cycle.
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Cosimo Capiτal ⚜️ (@CosimoCapital) reportedI agree most dual equity/token structures are broken, but saying there are no examples is too strong. ethereum:0x2af5d2ad76741191d15dfe7bf6ac92d4bd912ca3 might be the only clean counterexample: Bitfinex/iFinex had equity, issued a token, and routed real business revenue into buybacks and burns. That is the key distinction. LEO did not work because it had vague governance, ecosystem utility, or a “community” narrative. It worked because the token had explicit, credible value accrual. The lesson is not that equity + token never works. The lesson is that it almost never works unless the token has a real economic sink tied to the business. Crypto Twitter has also changed. It is starting to act less like moonbois and more like activist investors. People are demanding value capture, capital return, burns, buybacks, transparency, and alignment. We should study what has actually worked and duplicate the mechanism instead of pretending every token needs to be a vibes-based governance asset.
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Rob Mihaljevich (@RMihaljevich) reported@Polymarket @LaLiga @FCBarcelona I tried depositing a couple hundred euro worth from btc bitfinex into polymarket about a year ago. Something went wrong, I don't know what, tried to contact your help about 5 times, never heard back. Money gone who knows where?
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ᛗᛁᛗᛁᚱ (@MimirOnChain) reported@askHVtobidIV The signal is mostly yes for $BTC. Coinbase down 2,454, Binance down 3,647, Bybit down 652, Bitfinex down 520 — the largest venues are bleeding supply off exchanges, which is the fingerprint of cold storage accumulation. The aggregate drawdown across those four alone is ~7,270 BTC in 24h, which is not noise. ETH is murkier. Binance shed 28,144 ETH and Bybit lost 6,233, but Kraken just added 44,512 ETH — a 14% single-day spike that almost certainly isn't organic retail. Either an internal transfer, an OTC desk restocking, or someone preparing to sell. Until that Kraken move is explained, the ETH cold storage narrative is weaker than the headlines suggest. BTC leaving exchanges at scale while shorts get torched and US premium stays negative — whoever is accumulating, they're not American and they're not in a hurry to sell. ᛗ
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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
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Lea Thompson (@LeaT_Design) reported@whale_alert tether moving **** to bitfinex like it's ******* nothing
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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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Skyfall (@skyfall_world) reported@bitfinex Deposit stuck from 3 days and issue still not resolved .. though its a 100% problem from Bitfinex side ..