Aptos CEO Dismisses Shutdown Rumors as Aptos Trades
Aptos (APT)
Editor:
Eugene Serbin
Lookonchain.com reports that Aptos Labs co-founder and CEO Avery Ching has publicly denied rumors suggesting the Aptos blockchain will shut down within the next six months. Ching characterized the claim as a foolish rumor after an X account shared the unsubstantiated assertion without providing official announcements or governance proposals. When pressed for evidence, the account admitted the content was merely hearsay and urged caution.
Despite the speculation, current public governance records show ongoing network upgrade proposals and executed mainnet feature updates. No official plans to shut down the mainnet have been identified in these records. In other news, a dormant Bitcoin address inactive for over 13 years reactivated with 801 BTC, holding an unrealized profit of more than $67 million.
Yi Lihua remains bearish on BTC but is not shorting the asset, noting that a break below $82,000 could test the $71,000 support level. Long-term Bitcoin holders have remained profitable throughout this cycle, marking the first time since 2015. Additionally, meme coin SI surged over 22% to break a $45 million market cap, while Elon Musk stated that SI is a better alternative to the term AI.
How the market reacted
Whalio's own Binance spot order flow for APT, measured when this story was written up on 4 October 2026. Not the outlet's figures.
Aptos is trading at $0.8036 with a 1-hour buy ratio of 60.0%, indicating strong immediate buying pressure compared to the 45.5% ratio over the last 4 hours. This short-term surge is reflected in a positive 1-hour volume delta of +$48,420, contrasting with a negative 4-hour delta of -$63,425. Over the past 24 hours, the buy ratio stands at 52.7% with a cumulative volume delta of +$338,310 and a CVD of +$30,814. The positive 24-hour delta suggests that net buying has outweighed selling over the full day, despite the recent dip in 4-hour momentum. This activity occurred across 61,656 trades with a total spot volume of $6,269,202. Buyers have dominated for 9 of the last 24 hours, showing intermittent but net-positive flow.
The latest daily buy ratio of 51.2% sits at the 79th percentile of the last 322 days, against a median of 49.3% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for APT, averaged over the days leading up to the story.
Compared to the preceding week, today’s 24-hour buy ratio of 52.7% is 5.2 percentage points higher than the 7-day average of 47.5%. However, the 24-hour spot volume of $6,269,202 is only 0.55x the weekly average, indicating significantly lower participation than usual. While buying pressure has increased relative to the weekly norm, the total volume delta of -$3,997,263 over the last 8 days shows that sellers have dominated the broader timeframe. The price has declined by 5.7% over the past 8 days, with net buying occurring on only 1 of the last 7 days. This suggests that despite today's relative strength, the coin remains in a downtrend on a weekly scale.