BitMart users started noticing delays and freezes on withdrawals following the exchange’s recent announcement to wind down operations. Wallets connected to BitMart have decreased to roughly $69 million, signaling a sharp drop in platform activity.

Meanwhile, the BMX token has tumbled, losing 81.5% over the past week, reflecting growing concerns among investors. This steep decline highlights the turmoil that users and traders face amid the exchange’s shutdown process.