A staff member mistakenly set the currency unit to Bitcoin (BTC) instead of South Korean Won (KRW). The post Fat Fingered: How Bithumb Sent 2,000 Bitcoin in ErrorA staff member mistakenly set the currency unit to Bitcoin (BTC) instead of South Korean Won (KRW). The post Fat Fingered: How Bithumb Sent 2,000 Bitcoin in Error

Fat Fingered: How Bithumb Sent 2,000 Bitcoin in Error

2026/02/06 23:11
Okuma süresi: 2 dk

In a staggering operational blunder, the South Korean cryptocurrency exchange Bithumb today accidentally sent massive amounts of Bitcoin to its users, leading to a localized market crash and a frantic recovery effort.

The error occurred during a promotional “Random Box” event. Bithumb had planned to reward users during the promotion with small cash prizes ranging from 20,000 to 50,000 Korean Won (KRW) (roughly $15–$38 USD).

However, during the manual payout process, a staff member mistakenly set the currency unit to Bitcoin (BTC) instead of KRW. Instead of receiving a few dollars, winners were suddenly credited with 2,000 BTC each.

With Bitcoin trading at approximately 98 million KRW (around $73,000) at the time, each “winning” user saw their balance skyrocket by an estimated 196 billion KRW ($146 million USD).

Roughly 700 users purchased a “Random Box,” and approximately 240 users opened their boxes and were credited with the incorrect amount.

The impact was immediate. Realizing the error, several users instantly sold their accidental windfall for KRW. This massive, sudden sell pressure caused the price of Bitcoin on Bithumb to plummet over 10%, dropping to 81 million KRW while global prices remained stable.

But crucially, no Bitcoin actually moved on the blockchain. The funds were sent off-chain, meaning they were simply allocated on the company’s internal ledger.

Bithumb moved quickly to halt all deposits and withdrawals, eventually freezing the affected accounts. While the exchange has reportedly recovered a vast majority of the misplaced funds, roughly 3 billion KRW ($2.2 million) was successfully withdrawn by users before the gates were shut.

Bithumb website The Bithumb website

Read More

The post Fat Fingered: How Bithumb Sent 2,000 Bitcoin in Error appeared first on BitcoinChaser.

Piyasa Fırsatı
Sentient Logosu
Sentient Fiyatı(SENT)
$0.02573
$0.02573$0.02573
-8.79%
USD
Sentient (SENT) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

‘Scam’ claims spread after Trump’s Super Bowl crypto donation pitch

‘Scam’ claims spread after Trump’s Super Bowl crypto donation pitch

AI concerns and lack of disclosure sparked controversy, raising questions about legality, ethics, and campaign transparency rules.
Paylaş
Coinstats2026/02/09 20:15
VIPRE Security Group Positioned as a Leader in the SPARK Matrix™: Enterprise Email Security, 2025 by QKS Group

VIPRE Security Group Positioned as a Leader in the SPARK Matrix™: Enterprise Email Security, 2025 by QKS Group

The QKS Group SPARK Matrix™ provides competitive analysis and ranking of the leading Enterprise Email Security vendors. VIPRE Security Group, with its comprehensive
Paylaş
AI Journal2026/02/09 20:31
Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Paylaş
Coinstats2025/09/17 23:42