CZ reacts as BitMart and BitMEX crypto exchanges close within seven days, signaling sector consolidation.

BitMEX shuts exchange September 2026 after 10 years inventing perpetual swaps and shaping Bitcoin derivatives trading.

BitMEX shuts down 75% of BMEX token for employees and reserves never distributed, shaping BMEX price prediction amid crypto market crash and AI industry impact.

BitMEX to close 23 September 2026 after 11 years; founders Arthur Hayes, Ben Delo and Samuel Reed built the perpetual swap that minted three billionaires.

BitMEX closes 23 September 2026 after 11 years; users urged to withdraw funds following strategic review and perpetual futures legacy.

BitMEX closes 23 September 2026 after inventing the perp swap. Users must withdraw funds before shutdown following 11-year run with zero hacks.

BitMEX shuts down 23 September 2026 after 11 years; users must withdraw funds as exchange closes following strategic review.

BitMEX closes 23 September 2026 after 11 years. Perpetual swap inventor leaves 0 hacks record and pushes crypto derivatives mainstream in EU, Dubai, HK.

BitMEX to cease operations 23 Sept 2026 after 11 years; Arthur Hayes-founded platform tells users to close positions and withdraw funds immediately.

BitMEX records $84M BTC futures volume before announcing closure on 23 September 2026, ending 11-year legacy of perpetual swaps.

BitMEX halts new sign-ups and will close September 23 after CFTC settlement, ending its Bitcoin derivatives era with 100x leverage perpetual swaps.

BitMEX Research flags $STRC bids near $50 after November 2025 forecast of 50% crash in STRC price prediction.

BitMEX Research corrects Arkham claim, notes Michael Saylor generated shareholder value via premium stock issuance despite BTC price at $61232.8.

BitMEX Research reports an asset sold for 9.2 BTC amid bearish BTC trends, with price at $75,592 and MACD signaling death cross.

BitMEX Research highlights how freezing IRGC's USDT strengthens Bitcoin while debunking petrodollar myths, amid BTC price at $77807.94 eyeing key supports.

According to Akshat, co-founder and managing partner of Maelstrom Fund, Hong Kong held a pivotal role as a global crypto hub around 2020. During this period, BitMEX and FTX operated from Hong Kong, with BitMEX being the world's largest crypto exchange. Akshat shared insider insights on the operations of BitMEX Ventures, the early traction of Maelstrom Fund, and his current strategic interests in the crypto space, reflecting on the transformative impact of that era on the industry.

According to @BitMEXResearch, a new long read by @izakaminska at The Blind Spot recounts how crypto's hottest derivative came to be and is recommended for traders to review, highlighting its market significance. source: BitMEX Research on X Dec 11 2025; The Blind Spot by Izabella Kaminska the-blindspot.com For trading context, the product in focus is the BTC perpetual swap, a no-expiry futures contract pioneered by BitMEX in 2016 that introduced funding rate payments to keep the contract aligned with spot prices. source: BitMEX Blog The Perpetual Contract 2016 blog.bitmex.com; BitMEX Docs Perpetual Contracts bitmex.com Actionable signal 1: sustained positive funding typically reflects crowded longs and potential mean-reversion risk, while negative funding signals short crowding; monitoring funding and open interest can help time entries and hedges in BTC perps. source: BitMEX Docs Funding Rate bitmex.com; Binance Futures Education funding rate guide binance.com Actionable signal 2: high available leverage in perps has historically amplified liquidation cascades, so traders should track liquidation metrics, insurance fund levels, and auto-deleveraging indicators during volatility. source: BitMEX Docs Leverage and Liquidation bitmex.com; BitMEX Insurance Fund resources bitmex.com

According to @52kskew, the latest move in crypto was an unprecedented liquidity crunch and flash crash, comparable in severity to post‑COVID dislocations that took time to normalize, source: @52kskew, X, Oct 11, 2025. The author states that during COVID-era stress, BitMEX was hit the hardest as the dominant perpetual futures venue at the time, source: @52kskew, X, Oct 11, 2025. In the current episode, Binance absorbed the most impact, with HL almost affected as well due to reliance on the same external liquidity provider or market maker, highlighting concentrated third‑party risk across venues, source: @52kskew, X, Oct 11, 2025.

According to @EmberCN, Arthur Hayes, co-founder of BitMEX, purchased $1 million worth of ENA across multiple channels in the past 7 hours. Transactions included moving $500,000 USDC to Binance and withdrawing 1.08 million ENA, $250,000 USDC to Galaxy Digital for 560,000 ENA, and another $250,000 USDC to Flowdesk for 520,000 ENA. Hayes has been vocally bullish on ETH during this period. These significant OTC and exchange buys signal increased confidence in ENA and may drive short-term volatility and liquidity flows in both ENA and ETH trading pairs. Source: @EmberCN.

According to BitMEX Research, the research arm of the cryptocurrency derivatives exchange, there is a strong call to revert the BitMEX logo, user interface (UI), and overall branding back to its 2017 iteration. This proposal suggests a return to the platform's classic design from the period of the major 2017 bull run. For traders, a significant UI overhaul could directly impact trading efficiency, workflow, and user sentiment. A move back to a familiar, albeit older, interface could appeal to veteran traders but may require an adjustment period for others, potentially influencing trading volumes on key products like its BTC perpetual swaps and sentiment around the exchange's native BMEX token.