Bitcoin Rune DOG Delisted by Bitget After Hack, Spot Trading Halted
Bitcoin (BTC)
Editor:
Eugene Serbin
Lookonchain.com reports that Bitcoin Rune DOG has experienced a major price deviation on Bitget, prompting calls to resume spot trading. Leonidas, a core community member, wrote an open letter to Bitget CEO Gracy Chen criticizing the exchange's decision to delist the token just hours after a hack. During this period, withdrawals remained frozen, creating a trust crisis that caused losses for long-term holders.
Leonidas highlighted that DOG has a market capitalization exceeding $100 million and has been listed on Bitget for two and a half years. He noted cumulative trading volume surpassed $1 billion and that the community is larger than many small-cap tokens still traded on the platform. The letter formally demanded Bitget reinstate spot trading to resolve the abnormal market situation.
Leonidas also wished the exchange a speedy recovery of stolen assets and proper handling of the hack's aftermath. The delisting announcement paired with frozen withdrawals led to the significant price deviation observed. The community seeks to restore normal trading conditions for the asset. This action addresses the specific grievances raised by the core member regarding the exchange's handling of the crisis.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 26 September 2026. Not the outlet's figures.
BTC is trading at $84,099.99 with a 1-hour buy ratio of 48.1%, indicating a slight bearish lean in the immediate short term. This contrasts with a 4-hour buy ratio of 53.3%, suggesting that buying pressure is building over a slightly longer timeframe. The 24-hour buy ratio sits at 47.3%, showing that over the full day, sellers have had a slight edge. Volume delta reflects this shift, dropping -$761,476 in the last hour but gaining +$6,095,446 over four hours. The cumulative 24-hour volume delta is -$81,164,253, with a CVD of -$76,958,784, indicating net selling pressure over the day. Spot volume reached $1,520,256,979 across 2,848,596 trades, with net buying occurring in only 9 of the 24 hours.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.6%, making today's 24-hour ratio of 47.3% slightly below the weekly norm by 2.2 points. Volume for the day was 0.91x the average, indicating a quieter trading day than usual. The coin saw net buying on only 3 of the 7 days last week, compared to the 9 days of net buying recorded today. Price increased by 4.0% over the eight-day period, despite a total volume delta of -$203,076,671. This suggests that while selling pressure has been persistent, the asset has still managed to gain value over the week.