RWA tokenisation could surpass Bitcoin opportunity, Henri Arslanian notes
Bitcoin (BTC)
Editor:
Eugene Serbin
tradersunion.com reports that Henri Arslanian, former PwC crypto leader and co-founder and managing partner at Nine Blocks Capital, discusses how real world assets (RWAs) and tokenisation could radically reshape the finance sector. In a conversation with Yuval Rooz, co-founder and CEO of Digital Asset, Arslanian highlights the potential for RWAs to represent a larger opportunity than Bitcoin and explores why privacy is fundamental to institutional infrastructure. Arslanian has previously analyzed the transition away from seed phrases in crypto wallet management, focusing on institutional grade security for self custody. He has also examined the impact of Tether’s first financial audit by KPMG on sector transparency, with his recent commentary building on these themes of infrastructure, security, and trust in digital assets.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 28 August 2026. Not the outlet's figures.
Bitcoin is trading at $80,249.58, with a 1-hour buy ratio of 52.3% indicating immediate buying pressure, while the 4-hour buy ratio has dropped to 39.8%, suggesting that momentum is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 45.2%, showing that buying interest is currently below the threshold of majority participation. Over the last hour, the volume delta is positive at +$1,968,400, meaning buyers are absorbing more volume than sellers in the short term. However, the 4-hour volume delta is negative at -$36,806,801, and the 24-hour cumulative volume delta (CVD) is -$107,359,372, indicating that sellers have dominated the flow over the past day. This divergence suggests that while there is brief buying activity, the overall trend remains bearish as selling pressure outweighs buying volume.
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.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
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 51.1%, making today's 24-hour ratio of 45.2% notably lower by 5.8 points. Spot volume for the day was $1,297,370,375, which is 0.65 times the weekly average, indicating a significant drop in trading activity compared to recent norms. The coin saw a price change of +9.9% over the past eight days, with a total volume delta of +$171,556,665 for the period. While the weekly trend was net positive with buying on 5 of 7 days, today's lower volume and reduced buy ratio suggest a cooling off from that earlier strength. This represents an unusual day in terms of volume intensity, as activity is well below the typical weekly baseline.