$BMEX is barely breathing. The structure is failing — this looks like the projects that didn’t come back: holders are leaving (-71 in 30 days, -11.4%), and unissued supply hangs over the price (fully diluted valuation 4.5x the market cap). The price is down 95% from its all-time high.
break-even from here: +2,000% $100 held here would need to become $2,100 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
Recent whale activity signal on the record (2026-06-29) — not reflected in the score; check before acting.
01is anyone still building it?structural solvency / livenessPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
02are holders staying or leaving?holder conviction & overhead supply5/100
Holders are leaving.
holders -71/30d · -11.4% · bin 1/10— holders are leaving — conviction is draining. [L1 / Chain bins, provisional]
03could you actually sell?liquidity / exitability15/100
Selling in size would move the price — exits are hard.
$2,007/24h · bin 2/100.03% turnover · bin 2/10— exit liquidity is thin for its class — selling moves the price.
04is anyone actually using it?usage / demand15/100
Barely used.
5 transfers/day · bin 2/10— transfer activity, not users; proxy tier — little on-chain movement. [L1 / Chain bins, provisional]
05how much more will be printed?supply overhang & emissions10/100
Heavy future supply hangs over the price.
22% of supply circulating · bin 2/10FDV/MC 4.5x · bin 1/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative50/100
Moving with the pack.
30d-14% · bin 4/10200d-39% · bin 7/10— middle of its peer pack.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is BitMEX ($BMEX) dead?
Structurally, it’s close. As of 2026-07-14, BitMEX scores 16/100 on bagcheck’s structural aliveness scan — FAILING. The structure is failing — this looks like the projects that didn’t come back. Aliveness measures whether the project still works, not whether the price recovers.
Is BitMEX a good investment?
bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 16/100 (FAILING), a price 95% below its all-time high, a drawdown cohort (down 95%+) in which historically only ~3% of coins ever reclaimed their high. What you do with that is yours.
Will BitMEX ($BMEX) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 95%+ (3-year window), about 3% reclaimed their all-time high; break-even to ATH from the scan price needs +2,000%. The FAILING aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly
