Unusual Trading Volumes Detected in 5 Altcoins in South Korea
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 15 2024Unusual Trading Volumes: Significant increases in trading volumes for several altcoins, including Solar (SXP), Jupiter (JUP), Beam (BEAM), Loom Network (LOOM), and Mina (MINA), were detected on South Korea's Upbit exchange, with some tokens seeing over 300% increases compared to their 50-period moving averages.
Comparative Analysis: While Upbit experienced surges in trading activity for these altcoins, Binance showed contrasting trends, with many of the same tokens experiencing declines in trading volume.
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.
