Bitcoin crashes 10% on Bithumb after staff mistakenly airdrop 2,000 BTC to users
Crypto Briefing
Bitcoin's price on Bithumb dropped 10% after staff mistakenly airdropped 2,000 BTC instead of 2,000 KRW.Summary
Bitcoin's price on the South Korean exchange Bithumb experienced a sudden 10% drop, falling below global market rates after an employee mistakenly airdropped 2,000 BTC to hundreds of users. The error occurred when a staff member intended to distribute 2,000 Korean Won (KRW), valued at less than $2, as a random prize but typed BTC instead. Users who received the erroneous deposits quickly sold the Bitcoin at market price, causing immediate downward pressure on Bithumb's BTC trading pairs. Following the incident, Bitcoin's price on Bithumb rebounded from a low of approximately $56,000 back above $66,000.
(Source：Crypto Briefing)