Skip to main content
TradingNews

Market news

Bitcoin (BTCUSD) Tumbles on Bithumb’s $130M Reward Glitch Triggering Market Dump

Finance Magnates Read original source (opens in a new tab)
The Story

News Summary

  • South Korean exchange Bithumb accidentally distributed 2,000 BTC instead of 2,000 KRW in a marketing campaign, causing a brief market dump.
  • The exchange swiftly recovered 99.7% of the coins, but concerns over platform integrity and regulatory scrutiny in crypto persist.
Explore BTCUSD price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

BTCUSD price history

76508.60 +14.20% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open BTCUSD advisor →
Browse February 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure