Binance Square
#bithumb

bithumb

157,418 views
403 Discussing
Love and Peace Forever
·
--
The whales are changing their strategy! $PRL pumped hard before going live, then tanked, and now it's set to moon again after the news! South Korea's second-largest crypto exchange #Bithumb is launching the #PRL KRW trading pair, with trading expected to kick off at 5:00 PM local time on April 27, 2026.
The whales are changing their strategy!
$PRL pumped hard before going live, then tanked, and now it's set to moon again after the news!

South Korea's second-largest crypto exchange #Bithumb is launching the #PRL KRW trading pair, with trading expected to kick off at 5:00 PM local time on April 27, 2026.
$BASED catches a fast bid after Bithumb’s KRW pair buzz 🔥 Entry: 0.16 🔥 Bithumb’s listing catalyst lit up a thin order book, and BASED ripped through $0.16 as traders chased the first clean liquidity gap. With a 58.7% 24-hour gain and a $37 million market cap, the move looks like momentum meeting limited supply, the kind of tape that can keep running if whales keep leaning on the ask. Not financial advice. Manage your risk and protect your capital. #Crypto #Altcoins #Bithumb #Trading #Web3 ⚡ {alpha}(560x1d28d989f9e3ccb8b15d0cec601734514f958e4d)
$BASED catches a fast bid after Bithumb’s KRW pair buzz 🔥

Entry: 0.16 🔥

Bithumb’s listing catalyst lit up a thin order book, and BASED ripped through $0.16 as traders chased the first clean liquidity gap. With a 58.7% 24-hour gain and a $37 million market cap, the move looks like momentum meeting limited supply, the kind of tape that can keep running if whales keep leaning on the ask.

Not financial advice. Manage your risk and protect your capital.

#Crypto #Altcoins #Bithumb #Trading #Web3

Bithumb flags $GRACY and peers as support risk rises into July 🚥 Bithumb has placed GRACY, SPURS, ZTX, WIKEN, and FITFI on its trading warning list, with a specific notice on possible delay, cancellation, or termination of support expected in the third week of July. That usually tightens liquidity fast, and when exchanges start telegraphing review windows, larger players often step back while weaker hands rush for the exit. Not financial advice. Manage your risk and protect your capital. #Crypto #Altcoins #Bithumb #TradingAlert #MarketNews
Bithumb flags $GRACY and peers as support risk rises into July 🚥

Bithumb has placed GRACY, SPURS, ZTX, WIKEN, and FITFI on its trading warning list, with a specific notice on possible delay, cancellation, or termination of support expected in the third week of July. That usually tightens liquidity fast, and when exchanges start telegraphing review windows, larger players often step back while weaker hands rush for the exit.

Not financial advice. Manage your risk and protect your capital.
#Crypto #Altcoins #Bithumb #TradingAlert #MarketNews
$BTC gets a tougher rulebook after Bithumb’s costly mistake ⚡ South Korea’s central bank is pushing crypto exchanges to add circuit-breaker style protections after Bithumb’s 620,000 BTC operational error, signaling that the next phase of market growth may be defined by tighter controls, not just faster execution. For institutions, that’s a clear reminder: exchange risk is now part of the trade, and liquidity will likely favor platforms that can prove they can handle stress without chaos. Not financial advice. Manage your risk and protect your capital. #Bitcoin #CryptoNews #Bithumb #ExchangeSecurity #Web3 ✦ {future}(BTCUSDT)
$BTC gets a tougher rulebook after Bithumb’s costly mistake ⚡

South Korea’s central bank is pushing crypto exchanges to add circuit-breaker style protections after Bithumb’s 620,000 BTC operational error, signaling that the next phase of market growth may be defined by tighter controls, not just faster execution. For institutions, that’s a clear reminder: exchange risk is now part of the trade, and liquidity will likely favor platforms that can prove they can handle stress without chaos.

Not financial advice. Manage your risk and protect your capital.

#Bitcoin #CryptoNews #Bithumb #ExchangeSecurity #Web3

【Bithumb Oolong Incident: Risk Control or Control?】 ​Bithumb employees mistakenly sent 2,000 KRW as 2,000 pieces $BTC , leading to a momentary misallocation of 620,000 bitcoins. Although the platform recovered 99.7% within 35 minutes, which is astonishing efficiency, the underlying logic revealed is more thought-provoking than the news itself. ​This is a game between "centralized risk control" and "human error." While the rapid recovery reduced losses, it also reminds investors: in CEX (Centralized Exchanges), the ultimate control of assets always lies with the platform. This is both a safety net and a transfer of sovereignty. ​In the face of such an ability to recover assets by simply "pressing the pause button," do you think this is a good thing for the crypto market? ​#BTC #Bithumb $BTC {future}(BTCUSDT)
【Bithumb Oolong Incident: Risk Control or Control?】
​Bithumb employees mistakenly sent 2,000 KRW as 2,000 pieces $BTC

, leading to a momentary misallocation of 620,000 bitcoins. Although the platform recovered 99.7% within 35 minutes, which is astonishing efficiency, the underlying logic revealed is more thought-provoking than the news itself.
​This is a game between "centralized risk control" and "human error." While the rapid recovery reduced losses, it also reminds investors: in CEX (Centralized Exchanges), the ultimate control of assets always lies with the platform. This is both a safety net and a transfer of sovereignty.
​In the face of such an ability to recover assets by simply "pressing the pause button," do you think this is a good thing for the crypto market?
#BTC #Bithumb $BTC
🚨 $150 million mistake: Bithumb mistakenly issued large amounts of Bitcoin to users The "mystery box" (Random Box) event at South Korean cryptocurrency exchange Bithumb turned into the most expensive operational accident in history. Originally planned to issue rewards of about $15–35, some user accounts unexpectedly received 2000 BTC. Core event recap: Operational error: Due to a system failure, about 240 users received rewards far exceeding expectations. Market reaction: The price of BTC on the Bithumb platform experienced severe fluctuations. Officials urgently intervened within 5 minutes, restricting trading on related accounts and successfully preventing a chain liquidation. Latest developments: About 160 users have voluntarily returned approximately 400,000 BTC (Note: the scale of this data reported by the exchange is shocking). However, some users have successfully cashed out about $2.1 million (3 billion Korean won). Official statement: This incident was not a hacker attack. Bithumb emphasized the safety of user funds and assured that system security management is intact. Currently, the Financial Services Commission (FSC) of South Korea has intervened to investigate this serious incident.🔎 If it were you, seeing the addition of 2000 BTC in the notification bar, would you choose to return it voluntarily or cash out immediately? Feel free to discuss in the comments!👇 #Bithumb #加密货币新闻 #BTC #比特币 #交易所动态
🚨 $150 million mistake: Bithumb mistakenly issued large amounts of Bitcoin to users
The "mystery box" (Random Box) event at South Korean cryptocurrency exchange Bithumb turned into the most expensive operational accident in history. Originally planned to issue rewards of about $15–35, some user accounts unexpectedly received 2000 BTC.
Core event recap:
Operational error: Due to a system failure, about 240 users received rewards far exceeding expectations. Market reaction: The price of BTC on the Bithumb platform experienced severe fluctuations. Officials urgently intervened within 5 minutes, restricting trading on related accounts and successfully preventing a chain liquidation. Latest developments: About 160 users have voluntarily returned approximately 400,000 BTC (Note: the scale of this data reported by the exchange is shocking). However, some users have successfully cashed out about $2.1 million (3 billion Korean won).
Official statement: This incident was not a hacker attack. Bithumb emphasized the safety of user funds and assured that system security management is intact. Currently, the Financial Services Commission (FSC) of South Korea has intervened to investigate this serious incident.🔎
If it were you, seeing the addition of 2000 BTC in the notification bar, would you choose to return it voluntarily or cash out immediately? Feel free to discuss in the comments!👇
#Bithumb #加密货币新闻 #BTC #比特币 #交易所动态
Bithumb company crashBithumb accidentally distributed 2,000 BTC to users instead of $1.50 rewards 🚨 Here’s what actually happened: On February 6, 2026, around 10:30 UTC, Bithumb ran a “Random Box” promotional event. The reward was supposed to be 2,000 KRW. (Around $1.50) Instead, an internal operational mistake credited a total of 2,000 BTC across hundreds of user accounts. That’s ~$130 million. People immediately started selling. And the BTC price on Bithumb crashed almost instantly. At the exact moment of the incident: Bithumb BTC/KRW dropped to around $60,252 Global Bitcoin price stayed near $65,359 A 7–10% gap. But there are no TXIDs. No blockchain movement showing 2,000 BTC leaving Bithumb wallets. Nothing. It was an internal ledger credit. Basically, Bithumb’s database told users they had Bitcoin. But the Bitcoin network never saw it. - Internal paper BTC shock Users could sell the credited “BTC” inside Bithumb’s order book. So selling pressure exploded inside their closed system. Market makers got overwhelmed. Liquidity disappeared. Price crashed. But withdrawals and arbitrage couldn’t fix it fast because: - accounts were frozen - withdrawals were blocked - Korean exchanges are more isolated by regulation So the crash stayed trapped inside Bithumb. - Bithumb response Bithumb quickly froze affected accounts. But who eats the loss? Some reports claim Bithumb holds around 46,000 BTC in reserves. (But that number is not verified at all) If it was true, then 2,000 BTC would be about 4% of reserves. #Bithumb #crashmarket #iran Big mistake.

Bithumb company crash

Bithumb accidentally distributed 2,000 BTC to users instead of $1.50 rewards 🚨
Here’s what actually happened:
On February 6, 2026, around 10:30 UTC, Bithumb ran a “Random Box” promotional event.
The reward was supposed to be 2,000 KRW.
(Around $1.50)
Instead, an internal operational mistake credited a total of 2,000 BTC across hundreds of user accounts.
That’s ~$130 million.
People immediately started selling.
And the BTC price on Bithumb crashed almost instantly.
At the exact moment of the incident:
Bithumb BTC/KRW dropped to around $60,252
Global Bitcoin price stayed near $65,359
A 7–10% gap.
But there are no TXIDs.
No blockchain movement showing 2,000 BTC leaving Bithumb wallets.
Nothing.
It was an internal ledger credit.
Basically, Bithumb’s database told users they had Bitcoin.
But the Bitcoin network never saw it.
- Internal paper BTC shock
Users could sell the credited “BTC” inside Bithumb’s order book.
So selling pressure exploded inside their closed system.
Market makers got overwhelmed.
Liquidity disappeared.
Price crashed.
But withdrawals and arbitrage couldn’t fix it fast because:
- accounts were frozen
- withdrawals were blocked
- Korean exchanges are more isolated by regulation
So the crash stayed trapped inside Bithumb.
- Bithumb response
Bithumb quickly froze affected accounts.
But who eats the loss?
Some reports claim Bithumb holds around 46,000 BTC in reserves.
(But that number is not verified at all)
If it was true, then 2,000 BTC would be about 4% of reserves.
#Bithumb #crashmarket #iran
Big mistake.
·
--
Bullish
A crypto exchange briefly traded billions in Bitcoin that didn’t exist.$ZEC One small promo mistake at Bithumb credited Bitcoin instead of cash, creating hundreds of thousands of fake BTC.$GPS The system didn’t stop it. Those numbers entered real trading screens.$BTC People sold. Price on Bithumb fell 17%, while the rest of the market stayed calm. Within minutes, the error was found and almost everything was rolled back. No coins ever moved on-chain. Bitcoin’s supply was never affected. This wasn’t fraud or a collapse - it was a control failure. But it revealed something uncomfortable: exchange balances are just internal numbers. Until you withdraw, that Bitcoin isn’t really yours. #WhaleDeRiskETH #BTCMiningDifficultyDrop #Bithumb #crypto #CryptoCommunitys
A crypto exchange briefly traded billions in Bitcoin that didn’t exist.$ZEC

One small promo mistake at Bithumb credited Bitcoin instead of cash, creating hundreds of thousands of fake BTC.$GPS

The system didn’t stop it. Those numbers entered real trading screens.$BTC

People sold. Price on Bithumb fell 17%, while the rest of the market stayed calm.

Within minutes, the error was found and almost everything was rolled back.

No coins ever moved on-chain. Bitcoin’s supply was never affected.

This wasn’t fraud or a collapse - it was a control failure.

But it revealed something uncomfortable: exchange balances are just internal numbers.

Until you withdraw, that Bitcoin isn’t really yours.

#WhaleDeRiskETH
#BTCMiningDifficultyDrop
#Bithumb
#crypto
#CryptoCommunitys
$BTC A big reminder of exchange risk from South Korea One major exchange planned to give users a tiny reward of 2,000 won Because of a mistake they sent 2,000 BTC instead to 695 users For a short time some accounts showed multi‑million dollar balances The exchange quickly froze trading and withdrawals They say they recovered about 99.7% of the mistaken BTC Regulators have already said they will review the incident No hack Just one huge internal glitch For me the lesson is simple Coins on an exchange are numbers on a screen until you actually withdraw If a system can give you billions by mistake It can also take them back just as fast How much of your $BTC do you keep on exchanges And how much do you keep in self custody This is not financial advice Only for education and discussion Always DYOR #BTC #Bitcoin #Bithumb #Crypto #Security
$BTC
A big reminder of exchange risk from South Korea
One major exchange planned to give users a tiny reward of 2,000 won
Because of a mistake they sent 2,000 BTC instead to 695 users
For a short time some accounts showed multi‑million dollar balances
The exchange quickly froze trading and withdrawals
They say they recovered about 99.7% of the mistaken BTC
Regulators have already said they will review the incident
No hack
Just one huge internal glitch
For me the lesson is simple
Coins on an exchange are numbers on a screen until you actually withdraw
If a system can give you billions by mistake
It can also take them back just as fast
How much of your $BTC do you keep on exchanges
And how much do you keep in self custody
This is not financial advice
Only for education and discussion
Always DYOR
#BTC #Bitcoin #Bithumb #Crypto #Security
South Korean Exchange Accidentally Sends $40B+ in Bitcoin to Users ⚠️🇰🇷 South Korean crypto exchange Bithumb briefly turned hundreds of users into multi-millionaires after a system error mistakenly distributed 2,000 Bitcoin instead of 2,000 won ($1.37) as a reward. The glitch affected 695 users, with over $40 billion worth of BTC temporarily sent out 🪙😳. Bithumb said it froze trading and withdrawals within 35 minutes and successfully recovered 99.7% of the mistakenly sent funds, stressing the incident was not due to hacking or a security breach. The exchange has apologized and announced compensation of 20,000 won ($13.66) per affected user, along with fee waivers and plans to deploy AI systems to detect abnormal transactions 🤖. South Korea’s financial regulator has launched a review, and the incident has reignited debates over operational risk and tighter oversight in crypto markets 📉⚖️. #SouthKoreaCrypto #Bithumb
South Korean Exchange Accidentally Sends $40B+ in Bitcoin to Users ⚠️🇰🇷

South Korean crypto exchange Bithumb briefly turned hundreds of users into multi-millionaires after a system error mistakenly distributed 2,000 Bitcoin instead of 2,000 won ($1.37) as a reward. The glitch affected 695 users, with over $40 billion worth of BTC temporarily sent out 🪙😳.

Bithumb said it froze trading and withdrawals within 35 minutes and successfully recovered 99.7% of the mistakenly sent funds, stressing the incident was not due to hacking or a security breach. The exchange has apologized and announced compensation of 20,000 won ($13.66) per affected user, along with fee waivers and plans to deploy AI systems to detect abnormal transactions 🤖.

South Korea’s financial regulator has launched a review, and the incident has reignited debates over operational risk and tighter oversight in crypto markets 📉⚖️.
#SouthKoreaCrypto #Bithumb
Post Title: BTC at a Crossroads: Recovery or Relief Rally? 📉📈 ​The Market Reality: Bitcoin is fighting to reclaim the $71,000 level after a wild weekend. We saw a massive "glitch-induced" flash crash on Bithumb that briefly sent shockwaves through the global order books. While 99.7% of the erroneous funds were recovered, the psychological damage to the "Extreme Fear" index (currently sitting at 7) is real. ​Technical Setup: ​Support: The market successfully defended $60,000. As long as we stay above $68,500, the structure remains "cautiously bullish" for a recovery. ​Resistance: Heavy selling pressure sits at $72,200. A breakout here could trigger a short squeeze toward $75,000+. ​Volume: We are seeing high "buy the dip" activity from long-term holders, even as ETF outflows signal institutional hesitation. ​My Move: 🔴 Short Term: Neutral/Bearish. The "Dead Cat Bounce" risk is high until we clear $73.5k with volume. 🟢 Mid Term: Bullish. This shakeout removed weak hands and over-leveraged longs. ​The Strategy: Don't chase the green candles. If you're looking for a Long, wait for a successful retest of $69k. If you're Shorting, keep tight stops above $72.5k. ​What’s your move? Are we heading to $80k or retesting $60k? 👇 ​#Bitcoin #BTC #CryptoMarket #TradingStrategy #BinanceSquare #Bithumb #
Post Title: BTC at a Crossroads: Recovery or Relief Rally? 📉📈
​The Market Reality:
Bitcoin is fighting to reclaim the $71,000 level after a wild weekend. We saw a massive "glitch-induced" flash crash on Bithumb that briefly sent shockwaves through the global order books. While 99.7% of the erroneous funds were recovered, the psychological damage to the "Extreme Fear" index (currently sitting at 7) is real.
​Technical Setup:
​Support: The market successfully defended $60,000. As long as we stay above $68,500, the structure remains "cautiously bullish" for a recovery.
​Resistance: Heavy selling pressure sits at $72,200. A breakout here could trigger a short squeeze toward $75,000+.
​Volume: We are seeing high "buy the dip" activity from long-term holders, even as ETF outflows signal institutional hesitation.
​My Move:
🔴 Short Term: Neutral/Bearish. The "Dead Cat Bounce" risk is high until we clear $73.5k with volume.
🟢 Mid Term: Bullish. This shakeout removed weak hands and over-leveraged longs.
​The Strategy:
Don't chase the green candles. If you're looking for a Long, wait for a successful retest of $69k. If you're Shorting, keep tight stops above $72.5k.
​What’s your move? Are we heading to $80k or retesting $60k? 👇
​#Bitcoin #BTC #CryptoMarket #TradingStrategy #BinanceSquare #Bithumb #
Headline: The $43 Billion Glitch! 🇰🇷 Bithumb’s "Phantom Bitcoin" Error Exposed! What if you woke up with 2,000 BTC in your account? This actually happened on February 6-9, 2026 at Bithumb! Here is the breakdown of the biggest "Fat Finger" error in crypto history: The Horror Story: ⌨️ Input Error: A staff member sent 2,000 BTC instead of 2,000 Won to 249 winners. 👻 Ghost Coins: Total 620,000 BTC ($43B) were created out of thin air in Bithumb’s internal system. This is 15x more than the exchange actually holds! 📉 Flash Crash: Panic selling caused a 17% price drop on the platform, crashing BTC to $55,000 locally. 🛡️ The Cleanup: Bithumb froze withdrawals within 35 mins and has recovered 99.7% of the funds. Expert Analysis: This incident highlights a massive flaw in CEX (Centralized Exchange) internal controls. While the funds are recovered, the "Crisis of Confidence" is real. South Korean regulators are now launching on-site inspections. Lesson for Traders: Always keep your long-term holdings in a cold wallet. Internal exchange ledgers can be vulnerable to human error! Would you have tried to withdraw the "Phantom BTC" or reported the glitch immediately? 😂👇 #BitcoinGlitch #bithumb #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund
Headline: The $43 Billion Glitch! 🇰🇷 Bithumb’s "Phantom Bitcoin" Error Exposed!

What if you woke up with 2,000 BTC in your account? This actually happened on February 6-9, 2026 at Bithumb! Here is the breakdown of the biggest "Fat Finger" error in crypto history:
The Horror Story:
⌨️ Input Error: A staff member sent 2,000 BTC instead of 2,000 Won to 249 winners.
👻 Ghost Coins: Total 620,000 BTC ($43B) were created out of thin air in Bithumb’s internal system. This is 15x more than the exchange actually holds!
📉 Flash Crash: Panic selling caused a 17% price drop on the platform, crashing BTC to $55,000 locally.
🛡️ The Cleanup: Bithumb froze withdrawals within 35 mins and has recovered 99.7% of the funds.
Expert Analysis:
This incident highlights a massive flaw in CEX (Centralized Exchange) internal controls. While the funds are recovered, the "Crisis of Confidence" is real. South Korean regulators are now launching on-site inspections.
Lesson for Traders: Always keep your long-term holdings in a cold wallet. Internal exchange ledgers can be vulnerable to human error!
Would you have tried to withdraw the "Phantom BTC" or reported the glitch immediately? 😂👇
#BitcoinGlitch #bithumb #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number