BitMax exchange will cease operations on September 23

BitMEX to shut down operations on September 23. Trading and services will wind down before that date.

What changes
- Exchange sets September 23 as the final shutdown date. Source article
- Users will need to close positions and withdraw funds before services end.

Market angle
- Potential outflows from BitMEX could shift short-term derivatives liquidity.
- Watch funding rates and OI on perpetuals for spillover to BTC and ETH.