CNTrend Signal
4
mentions (7d)
4
mentions (30d)
Jul 24, 2026
first seen
1
countries
Context & Analysis
This trend "BMEX token crash after BitMEX exchange shutdown announcement" was detected in the Crypto & Blockchain category with a score of 100/100. This trend is experiencing explosive growth and attracting significant attention right now.
Related entities
Source excerpts
* * * BitMEX Crypto : BMEX Token Crashes 96.7% After Exchange Shutdown Announcement Published by Qadir AK July 23, 2026 ! BitMEX announced it will permanently shut down its crypto exchange on September 23, 2026, after stopping new account registrations. From August 26, the platform will begin reducing risk limits, with users required to close positions and withdraw funds before the closure. Following the announcement, the BMEX token plunged 96.7% to around $0.002. The sharp decline came as the...
— coinpedia.org
What sources say
"BitMEX announced permanent exchange closure on Sept 23, 2026, triggering a roughly 96.7% plunge in the BMEX token."
"An exchange that helped define modern crypto derivatives is closing its doors soon. BitMEX, the crypto derivatives exchange co-founded by Arthur Hayes in..."
"BitMEX, the crypto exchange known for inventing perpetual swaps, announced it will permanently close on September 23, 2026. Following the news, its native..."
"BitMEX's utility token lost almost all of its value after the exchange announced Thursday it would wind down operations. The BitMEX (BMEX) token plunged 90%..."