Wang Chun, co-founder of F2Pool, exchanged 235.5 wrapped Bitcoin (WBTC) worth $19.31 million for 7,848.5 Ethereum (ETH) amid a Bitcoin price dip to $80,500. This move continues his months-long strategy of favoring ETH over BTC, starting with significant ETH purchases in June 2026 when ETH was near its yearly low against BTC. The ETH/BTC ratio has risen since then, indicating Wang's bet that Ethereum will outperform Bitcoin in the near term. Despite recent volatility and ETH's sharper price drop compared to BTC, this trade signals confidence in Ethereum's potential recovery and growth relative to Bitcoin.
Wang Chun's significant bet on Ethereum highlights the ongoing competition between ETH and BTC. On Pluang, as of Oct 09, 2026 18:42 WIB, Bitcoin trades at Rp1.481.487.337 with a slight 0.30% gain over the day, while Ethereum is priced at Rp44.658.320 but has fallen 1.57% in the same period. Despite Ethereum's recent dip, Pluang users show strong buying interest in both assets, with 76% buying BTC and 71% buying ETH, reflecting continued confidence in these cryptocurrencies.
Filecoin (FIL) topped the 24-hour gains among the 90 largest cryptocurrencies by market cap, rising 11.10% to $1.20 as of early Oct. 10. Polkadot (DOT) and Bitway (BTW) followed with increases of 10.25% and 9.94%, respectively. Meanwhile, LayerZero (...
Derive (DRV) led crypto search interest, rising 14.88% to $0.548 with a market cap of $548.6M, following a previous 27% surge. Starknet (STRK) posted the largest 24-hour gain of 27.57%, trading at $0.0765 and valued at $570.2M. Other notable movers i...
On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...
A significant sell order of 100.534 Bitcoin, valued at approximately $8.3 million, was placed on Binance's perpetual market at a price of $82,585. This sell order caused the sell-side market depth to exceed the buy-side by about $4.5 million, represe...
On October 9, Cosmos Hub was the top-performing cryptocurrency, rising 17.05% to $2.07 amid a broad market rally where 67 of 90 tracked assets advanced. Other notable gainers included Bitway, Polkadot, Jupiter, and Aptos, each increasing over 10%. Me...
