🇰🇷 The Bithumb platform mistakenly sent 2000 #Bitcoin to users, who sold it immediately!
A major operational error occurred at the South Korean cryptocurrency platform Bithumb, where 2000 Bitcoin was distributed by mistake, instead of a reward that was supposed to be 2000 Korean Won (approximately $1.50).
According to reports, an employee attempted to grant a small random prize worth ~ $1.50, but mistakenly entered BTC as the unit instead of KRW.
As a result, hundreds of users received unexpected Bitcoin payments totaling around 2000 Bitcoin, worth nearly $130 million at current prices.
The beneficiaries sold the Bitcoin immediately, leading to a drop in the price of Bitcoin on the Bithumb platform by more than 10% compared to the global price, before stabilizing later.
This incident highlights that errors in internal records and off-chain accounting can cause significant market disruptions, even in 2026, without any actual movement of Bitcoin on-chain.
It serves as an important reminder that the risks of dealing with platforms still exist.
$BTC
$ETH
$BNB
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge #WarshFedPolicyOutlook
A major operational error occurred at the South Korean cryptocurrency platform Bithumb, where 2000 Bitcoin was distributed by mistake, instead of a reward that was supposed to be 2000 Korean Won (approximately $1.50).
According to reports, an employee attempted to grant a small random prize worth ~ $1.50, but mistakenly entered BTC as the unit instead of KRW.
As a result, hundreds of users received unexpected Bitcoin payments totaling around 2000 Bitcoin, worth nearly $130 million at current prices.
The beneficiaries sold the Bitcoin immediately, leading to a drop in the price of Bitcoin on the Bithumb platform by more than 10% compared to the global price, before stabilizing later.
This incident highlights that errors in internal records and off-chain accounting can cause significant market disruptions, even in 2026, without any actual movement of Bitcoin on-chain.
It serves as an important reminder that the risks of dealing with platforms still exist.
$BTC
$ETH
$BNB
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge #WarshFedPolicyOutlook