TradingView Glitch Shows Bitcoin at $0 on MEXC—Traders Miss Free Lambo Window

For a brief, glorious moment, Bitcoin appeared to hit absolute zero—on price charts, anyway. A TradingView data feed error displayed BTC/USDT at $0 on MEXC exchange, triggering existential dread (and opportunistic screenshotting) across Crypto Twitter.

Exchange assures no actual trades executed at the impossible price—though you can bet someone tried to market buy 'just in case.'

Another day, another crypto infrastructure hiccup. At least this one didn't involve nine-figure liquidations... or did it? *checks bankruptcy filings*

The Glitch That Sent Shockwaves

Bitcoin had been trading steadily in the range of $101,000 to $105,000, recovering from a previous market dip. Suddenly, TradingView displayed a candlestick showing Bitcoin’s price plummeting to zero on the MEXC exchange. This erroneous data was visible only for a few seconds but was enough to cause widespread alarm among traders and investors who rely on accurate, real-time price feeds for decision-making.

Crypto veterans and influencers on social media quickly picked up on the glitch. One notable trader, crypto Beast, tweeted about the sudden drop, claiming it led to a wave of liquidations on MEXC. His post, followed by hundreds of thousands, added to the panic, as many feared their long positions could have been wiped out.

MEXC Responds to the Frenzy

The Seychelles-based MEXC team was quick to address the situation and clarify the facts. They stated unequivocally that Bitcoin’s price never actually dropped to zero on their platform. There were no liquidations caused by the event, nor did users lose funds due to this price display error. Instead, the issue originated from TradingView’s charting software, which feeds data from various exchanges to display price movements.

MEXC’s official communication emphasized that the glitch was purely a display malfunction and did not affect any real trades or orders. The exchange confirmed that Bitcoin’s price on their platform remained stable and consistent with other exchanges throughout the incident.

TradingView Fixes the Error

Following the outcry, TradingView quickly rectified the problem and restored accurate price charts on the MEXC feed. They also engaged with their technical team to investigate the root cause and implement measures to prevent similar glitches in the future.

At the time of writing, TradingView had not issued a public statement but had taken the necessary steps to resolve the issue. Bitcoin’s price on the MEXC TradingView chart now matches the broader market value, trading steadily at around $104,856.

Past Price Glitches Show Even Top Exchanges Are Vulnerable

While this recent incident caused considerable concern, it is not the first time that price display errors have disrupted the crypto market. Even major exchanges with advanced infrastructure are not immune to occasional technical mishaps.

For example, Binance, the world’s largest crypto exchange by trading volume, experienced multiple price glitches in 2023. On one occasion, Bitcoin’s price on Binance futures inexplicably soared from around $42,000 to $420,000 before correcting back. Another time, it plunged by nearly 90% from $21,700 to about $2,700, both events being confirmed as display errors without real impact on trading.

Similarly, XRP has faced several such glitches on various platforms, including Kraken and TradingView, with price quotes suddenly jumping to absurd values due to software bugs.

These incidents underscore the importance of verifying price data across multiple sources before making trading decisions and remind the community that technical errors, while rare, can happen even on trusted platforms.

What This Means for Traders and Investors

The MEXC Bitcoin price glitch highlights a critical risk inherent in crypto trading — reliance on third-party data providers. Charting tools like TradingView aggregate and display prices from numerous exchanges, and while they offer powerful insights and ease of access, they can occasionally malfunction.

Traders should remain vigilant and avoid panic selling based solely on anomalous price movements seen on charts. Always cross-check prices on official exchange websites or multiple sources to confirm unusual activity.

Moreover, exchanges must continue to improve their monitoring and communication to users to prevent misinformation and maintain trust during technical disruptions.

Looking Ahead

As Bitcoin maintains its upward momentum around $104,000 and the crypto market stabilizes, the TradingView glitch incident serves as a reminder that no system is infallible. The industry must prioritize transparency and rapid response to technical issues to safeguard users.

Meanwhile, MEXC’s swift clarification and TradingView’s quick correction helped mitigate the fallout, showing how collaboration between platforms is essential in an interconnected crypto ecosystem.

For now, Bitcoin traders can breathe a sigh of relief knowing that the $0 price drop was never real, and markets remain robust despite occasional hiccups in data feeds.