Headline: The $43 Billion Glitch! đ°đ· Bithumbâs "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:
âšïž Input Error: A staff member sent 2,000 BTC instead of 2,000 Won to 249 winners.
đ» Ghost Coins: Total 620,000 BTC ($43B) were created out of thin air in Bithumbâs internal system. This is 15x more than the exchange actually holds!
đ Flash Crash: Panic selling caused a 17% price drop on the platform, crashing BTC to $55,000 locally.
đĄïž 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? đđ
#BitcoinGlitch #bithumb #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund