BitMEX exits, triggering a 90% crash in the BMEX token; analysts warn that exchange integration is accelerating
The crypto derivatives exchange BitMEX announced on July 24 that it plans to shut down, with trading scheduled to stop on September 23. After the news broke, the price of BitMEX’s utility token BMEX plummeted by more than 90%. Restructuring advisor Roshan Dharia said the top five platforms control around 80% of global spot trading volume, leaving less and less profit margin for mid-sized and regional exchanges. BitMEX Announces Trading Will Stop on September 23, BMEX Token Crashes More Than 90%
MarketWhisper·07-24 01:32


