Bitcoin traders were briefly thrown into chaos after South Korea’s major cryptocurrency exchange, Bithumb, experienced a dramatic price plunge caused by an internal operational mistake. In a stunning turn of events, Bitcoin on the platform dropped more than 20% within minutes, not due to market news, regulation, or macroeconomic pressure, but because of a simple reward distribution error. What was meant to be a small promotional payout reportedly turned into one of the most expensive exchange mistakes in recent crypto history, reminding investors that centralized platform risk remains a real concern even in 2026. Reward Payout Mistake Turns Into $130
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