Are BitMEX and BitMart twin brothers? How come they both announced closure and shutdown within just two or three days? This definitely won’t be the last two CEX exchanges to go under in this bear market. There’s likely going to be a third, fourth, and so on. The bear market hasn’t truly bottomed out yet, there hasn’t been the final drop, and we haven’t entered the consolidation phase. Some smaller exchanges just can’t hold on! Oh my god!