Unusual Trading Volume Explosion in 5 Altcoins in South Korea
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 18 2024Unusual Trading Volumes on Upbit: Significant increases in trading volumes were observed for several altcoins on South Korea's Upbit exchange, including Tezos (XTZ) with a 262.51% rise, STP (STPT) up by 162.25%, and Hedera (HBAR) nearly tripling its volume.
Contrasting Activity with Binance: While Upbit experienced surges in trading activity, Binance showed decreases in volumes for the same assets, highlighting differing trader behaviors between the two exchanges.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
