Thorchain Faces Heat as Bitget Hack Revives Bybit Controversy

THORChain (RUNE) Editor: Eugene Serbin

bitcoinethereumnews.com reports that Bitget CEO Gracy Chen wants Thorchain to block the hackers who stole $387.5 million from her exchange on Sept. 24. OKX founder Star Xu argues Thorchain isn’t truly decentralized, while Dashpay’s Joel Valenzuela fiercely disagrees. Thorchain faces renewed scrutiny as these debates over decentralization and fund recovery intensify.

How the market reacted

Whalio's own Binance spot order flow for RUNE, measured when this story was written up on 27 September 2026. Not the outlet's figures.

Price
$0.7740
Buy Ratio (1h)
61.1%
Buy Ratio (4h)
51.8%
Buy Ratio (24h)
55.9%
Volume Delta (1h)
+$55,623
Volume Delta (4h)
+$16,794
Volume Delta (24h)
+$3,616,553
CVD (24h close)
+$2,856,402
Hours of net buying
17 of 24
Spot Volume (24h)
$30,981,899
Trades (24h)
149,727

RUNE is trading at $0.7740 with a 1-hour buy ratio of 61.1%, indicating strong immediate buying pressure compared to the 51.8% ratio over the last 4 hours. This short-term surge is supported by a positive volume delta of +$55,623 in the last hour, showing that buyers are actively absorbing sell orders. Over the past 24 hours, the buy ratio sits at 55.9% with a volume delta of +$3,616,553, suggesting that while the intense hourly buying has cooled, the overall daily trend remains net positive. The CVD for the 24-hour close is +$2,856,402, confirming that cumulative buying has outweighed selling throughout the day.

The latest daily buy ratio of 45.1% sits at the 6th percentile of the last 323 days, against a median of 50.3% - among the weakest buying days it has had.

Was that an ordinary day?

The same Binance spot measurements for RUNE, averaged over the days leading up to the story.

Buy Ratio (7d average)
50.7%
Latest day vs average
+5.1 pts
Volume vs average
9.13x
Days of net buying
5 of 7
Price change (8d)
+39.2%
Volume Delta (8d total)
+$4,196,055

Compared to the preceding week, today’s 24-hour buy ratio of 55.9% is 5.1 percentage points higher than the 7-day average of 50.7%. Spot volume today reached $30,981,899, which is 9.13 times the average daily volume, marking this as an unusually active trading day. This activity contributes to a total volume delta of +$4,196,055 over the last 8 days, driving an 8-day price change of +39.2%. While the 24-hour delta of +$3,616,553 is significant, it represents a portion of the broader weekly accumulation seen over the past week.

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