Ah, behold the theater of folly! The grand stage of Bithumb, that South Korean bastion of crypto commerce, hath been thrust into the limelight, not by virtue of its prowess, but by a comedy of errors most absurd. Lo, the whispers of the digital town square proclaimeth that a hapless scribe, in a fit of distraction, hath bestowed upon the masses not the meager KRW reward intended, but a princely sum of 2,000 Bitcoin! A blunder so grand, it doth make the price of BTC on this platform plummet like a jester’s hat in a gale, trading a full 10% below its brethren exchanges.
- Bitcoin on Bithumb, once proud, now humbled, traded more than 10% below its peers, a spectacle most rare for the king of coins.
- The minstrels of social media, with Lookonchain in chorus, sing of a staff’s mishap, where 2,000 BTC ($133M) were sent instead of a trifling reward, causing a sell-off most frantic.
- Bithumb, ever the silent actor, hath not confirmed this farce, leaving the audience in suspense: shall the trades be reversed, or the funds reclaimed?
Bitcoin, that stalwart of the digital realm, found itself in a most peculiar plight on Bithumb, trading at a discount that would make even the most frugal merchant blush. A divergence so stark, it doth defy the very nature of its liquidity, pointing instead to a tale of operational woe or a liquidity shock most sudden.
The tale began, as all tales do, with a whisper on the platform of X, where users proclaimed with great fervor that a staff member, in a moment of folly, had sent Bitcoin instead of the intended token. Behold the outcry of one Evan Luthra, who exclaimed with such zeal:
DAMN THIS IS CRAZY!!!🤯
A BITHUMB EMPLOYEE ACCIDENTALLY SENT USERS 2,000 BTC INSTEAD OF THE INTENDED TOKEN
THE GLITCH CAUSED BTC ON BITHUMB TO CRASH ABOUT 10% BELOW PRICES ON OTHER EXCHANGES
– Evan Luthra (@EvanLuthra) February 6, 2026
BTC, a Bargain on Bithumb
The wise analysts of Lookonchain, ever vigilant, did note this anomaly, observing that Bitcoin on Bithumb had fallen to a price most modest, 10% below its kin on other markets. They, too, sang of a staff’s error, where 2,000 BTC, a treasure worth $133 million, were distributed in lieu of a small KRW reward. Some recipients, ever swift, did sell their newfound wealth, hastening the coin’s descent.
Such a deviation, rare as a unicorn in a marketplace, doth speak not of market whims, but of operational mishaps or liquidity shocks most dire.
As the curtain hath not yet fallen, Bithumb remaineth silent, neither confirming nor denying this grand farce. The fate of the funds, whether withdrawn, frozen, or reversed, remaineth a mystery, as doth the question of whether the trades shall be rolled back. A sensitive matter indeed, for Bithumb, no stranger to scrutiny over outages, compliance, and controls, now finds itself in the spotlight once more.
Thus, dear reader, we leave thee with this tale of woe and wonder, a reminder that in the world of crypto, even the grandest of stages can become a theater of the absurd. Molière, were he alive, would surely pen a comedy most divine!
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2026-02-06 17:00