#BlockFills

Ken Everett (Ken's Blogspot)kensbookinfo
2026-03-07
Ken Everett (Ken's Blogspot)kensbookinfo
2026-03-06
⚯ Michel de Cryptadamus ⚯cryptadamist@universeodon.com
2026-02-11

a large crypto lender for institutions called #BlockFills has apparently blown up levered long - sorry, i mean "temporarily halted withdrawals"

maybe a good time to remember last year when the chairman of #IBKR said a 35% drawdown in bitcoin prices would cause at least a few traditional brokerages to collapse (bitcoin is down almost 50%)

#crypto #bitcoin #cryptocurrency #finance #stockmarket #economics #econ #susquehanna

A *Walter Bloomberg & .
® @Deltaone | susscrive J cl
BLOCKEFILLS HALTS WITHDRAWALS AMID CRYPTO TURMOIL
Susquehanna-backed crypto lender BlockFills has suspended client
deposits and withdrawals, citing recent market volatility. The Chicago-
based firm, which serves 2,000 institutional clients and handled $60 bn
in 2025 trading, remains open for select trading but is limiting liquidity.
The move echoes past crypto downturns, including the 2022 collapse of
FTX and other lenders. Bitcoin’s recent drop below $65,000—down
~45% from October highs—has intensified pressures, while stalled U.S.
crypto legislation continues to weigh on the market.

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