Bybit Links $686M Franklin Templeton Shares to Trading as SUI Trades at $1.15
Sui (SUI)
Editor:
Eugene Serbin
techbullion.com reports that Franklin Templeton has pledged $686 million in fund shares on Bybit as trading backing, a move announced on September 28. This agreement allows Bybit traders to use the shares as collateral for stablecoin credit, following similar deals with Binance and OKX earlier in 2026. The integration signals that the $1.8 trillion firm sees long-term growth in crypto markets.
The outlet contrasts this institutional shift with Pepeto, a new cryptocurrency that has raised over $11.1 million. Pepeto offers a risk scanner that checks 42 points on tokens and a swap with 0.00% fees. The project’s cofounder is linked to the original Pepe token, and SolidProof audited the contracts.
Pepeto’s entry price is $0.0000001897, with staking offering 162% APY. The article notes that SUI trades at $1.14 and Solana at $119.40. Both established chains have strong records but have seen price declines from their peaks. The outlet argues that Pepeto’s current presale stage offers a larger return window than these mature assets.
How the market reacted
Whalio's own Binance spot order flow for SUI, measured when this story was written up on 30 September 2026. Not the outlet's figures.
Sui is trading at $1.15 on Binance spot data, showing a buy ratio of 41.5% over the last hour and 46.3% over four hours. These short-term figures are lower than the 46.6% buy ratio recorded over the past 24 hours, indicating that immediate buying pressure is fading. Volume delta data supports this shift, with -$395,774 in the last hour and -$548,263 over four hours, compared to -$8,009,550 over 24 hours. The buy ratio represents the percentage of volume driven by buyers versus sellers, while volume delta measures the net value of those trades. A negative delta suggests that sellers are currently outweighing buyers in the recent flow. Despite this short-term dip, the 24-hour volume delta of -$8,266,151 shows a sustained selling pressure over the full day.
The latest daily buy ratio of 49.7% sits at the 54th percentile of the last 322 days, against a median of 49.4% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for SUI, averaged over the days leading up to the story.
Over the preceding week, Sui maintained a 51.6% average buy ratio, which is 5.0 points higher than the latest day’s reading. This indicates that the current 24-hour period is an unusual day for weaker buying relative to the recent trend. Volume over the last 24 hours was 0.90x the weekly average, showing reduced trading activity compared to the prior week. The coin saw a 12.6% price increase over eight days, with a total volume delta of +$16,085,417 for that period. While the weekly trend was net positive, the current 24-hour data shows a reversal into net selling territory.