Do you think the API has been cut again?
My bet is that Bitfinex wants to break off and be an exchange in its own right. I'm sure that was always the plan.
According to bitcoinwisdom charts, BFX has more than half as much volume as BTSP.
BFX yesterday ~16,000
BSTP yesterday ~ 21,000
But knowhere near the same liquidity. Had the 10K whale picked on bitfinex he would have sent the market to double digits....which will be why he never chose Bitfinex.
True. I'm a fan of Bitfinex and make most of my trades there. I do get uncomfortable holding margin for any significant period of time there though because of the thin order book.
That drop to $100 on 2/10 would have cleaned me out if I was long with any significant margin.