Bithumb just turned into a crypto soap opera.
By Maxime Laurent · 2026-02-06 13:13
Bithumb just turned into a crypto soap opera.
A local glitch turned a simple airdrop into chaos: users got 2000 $BTC instead of 2000 KRW, and the market instantly cracked.
So here’s the scene. On the Korean exchange Bithumb, an airdrop distribution bug went full spaghetti mode. Instead of a few won, hundreds of accounts suddenly saw 2000 $BTC drop into their balance. Not a typo. Two thousand. 🫠
Price reaction was brutal and immediate. On Bithumb, $BTC traded more than 10% below global market price for a short moment. One absolute madlad didn’t hesitate and smashed the market sell button with the full 2000 $BTC. Boom. Liquidity evaporated, candles went vertical — in the wrong direction.
Now the hangover. Some accounts are already frozen, withdrawals blocked, and silence from the exchange. No official statement yet, just panic, screenshots, and lawyers probably warming up their keyboards. C’est le bordel.
What I feel watching this from my terrace, coffee in hand: this is the dark comedy side of centralized exchanges. One bug, one line of bad code, and suddenly reality glitches harder than a shitcoin chart in 2021. Decentralization isn’t just ideology — it’s scar tissue from moments like this.
Moral of the story? If it looks too good to be true in crypto… it usually comes with frozen accounts and a very bad Monday morning. 🌊☕️
#Bitcoin #BTC #CryptoNews #Exchanges #MarketChaos #CryptoFriture
A local glitch turned a simple airdrop into chaos: users got 2000 $BTC instead of 2000 KRW, and the market instantly cracked.
So here’s the scene. On the Korean exchange Bithumb, an airdrop distribution bug went full spaghetti mode. Instead of a few won, hundreds of accounts suddenly saw 2000 $BTC drop into their balance. Not a typo. Two thousand. 🫠
Price reaction was brutal and immediate. On Bithumb, $BTC traded more than 10% below global market price for a short moment. One absolute madlad didn’t hesitate and smashed the market sell button with the full 2000 $BTC. Boom. Liquidity evaporated, candles went vertical — in the wrong direction.
Now the hangover. Some accounts are already frozen, withdrawals blocked, and silence from the exchange. No official statement yet, just panic, screenshots, and lawyers probably warming up their keyboards. C’est le bordel.
What I feel watching this from my terrace, coffee in hand: this is the dark comedy side of centralized exchanges. One bug, one line of bad code, and suddenly reality glitches harder than a shitcoin chart in 2021. Decentralization isn’t just ideology — it’s scar tissue from moments like this.
Moral of the story? If it looks too good to be true in crypto… it usually comes with frozen accounts and a very bad Monday morning. 🌊☕️
#Bitcoin #BTC #CryptoNews #Exchanges #MarketChaos #CryptoFriture
Disclaimer: This content is for informational purposes only and not financial advice.