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A brief TradingView glitch mistakenly showed Bitcoin’s price as zero on MEXC, triggering widespread social media backlash despite no real price drop.
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MEXC clarified the issue was a display error exclusive to TradingView, not their platform, yet trading volume surged amid market uncertainty.
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According to COINOTAG, the incident underscores the critical need for verifying crypto data sources to avoid unnecessary panic and market disruption.
Bitcoin’s price briefly displayed as zero on MEXC due to a TradingView error, causing market confusion and a 51% volume spike despite no actual price change.
TradingView Display Error Causes Bitcoin Price Anomaly on MEXC
On June 5, 2025, a technical glitch on TradingView caused Bitcoin’s price to momentarily appear as zero on MEXC’s charts, sparking alarm among traders and investors. This erroneous wick led to widespread speculation about a catastrophic price crash, although MEXC’s official platform showed no such anomaly. The incident highlights the vulnerability of relying on third-party charting tools for real-time price data in volatile markets.
Market Reaction and MEXC’s Response to the Bitcoin Wick Incident
Following the display error, social media erupted with accusations against MEXC, with some users alleging fraudulent activity. The exchange promptly issued a statement clarifying that the zero price wick was a display malfunction on TradingView and not reflective of actual trading activity on MEXC. They emphasized ongoing collaboration with TradingView to resolve the issue and urged the community to verify information through official channels to prevent misinformation-driven market chaos.
Impact on Trading Volume and Market Sentiment
Interestingly, despite the clarification, MEXC experienced a significant 51% surge in trading volume within 24 hours following the incident. This spike may reflect heightened trader activity driven by uncertainty and rumors. While it remains unclear whether this volume increase was due to panic selling or opportunistic trading, it illustrates how misinformation can directly influence market dynamics, even when unfounded.
The Importance of Data Verification in Crypto Trading
The episode serves as a cautionary tale about the risks of unverified data in the cryptocurrency ecosystem. Traders and investors must exercise due diligence by cross-referencing multiple sources and relying on official exchange platforms for accurate information. As COINOTAG experts note, “Robust verification mechanisms and transparent communication are essential to maintaining trust and stability in crypto markets.”
Conclusion
The TradingView display error that momentarily showed Bitcoin at zero on MEXC underscores the critical need for reliable data feeds and prompt communication in the crypto space. While MEXC was not at fault, the incident triggered significant market reactions, emphasizing how sensitive the ecosystem is to misinformation. Moving forward, exchanges and data providers must strengthen technical safeguards and transparency to protect users and uphold market integrity.
