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As BitMEX exits, analysts warn crypto consolidation is accelerating

Source: Cointelegraph
As BitMEX exits, analysts warn crypto consolidation is accelerating

BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the shift toward licensed trading venues.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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