Solv Protocol has delayed the redemption of about 50 Bitcoin from its BTC+ product due to a risk review of a single transaction. The protocol confirmed that the assets are still in its custody and that BTC+ deposits and redemptions continue to operate normally. A user reported being unable to redeem their BTC+ since a security incident on July 13, despite multiple communications with Solv. The protocol is continuing its review and may involve legal or judicial processes if necessary, highlighting ongoing access issues for the user.
While Solv Protocol faces a delay in redeeming about 50 BTC due to a risk review, Bitcoin on Pluang trades at Rp1.499.572.287 as of Sep 30, 2026 18:19 WIB, down 0.51% in one day. This price sits within a market where 96% of the total 21 million BTC supply is circulating, and trading activity on Pluang shows a strong 70% buy interest compared to 30% sell. The typical hold time for BTC on Pluang is 110 days, indicating a generally patient investor base despite short-term protocol issues.
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