TODAY: BitMEX halts exchange operations; withdrawals remain available as deposits stop being credited

BitMEX shutting down exchange operations removes a legacy venue for crypto derivatives liquidity, even if withdrawals remain available. The halt of credited deposits can accelerate outflows and temporarily tighten market depth across connected counterparties and market makers. While the direct impact is venue-specific, such closures typically heighten operational risk awareness and can weigh on broader crypto sentiment and positioning in the short term.