Crypto Market Dominance: Upbit Handles 80% Of South Korean Trading Volume
Submitted by Anonymous (not verified) on Fri, 04/26/2024 - 07:10A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%.
A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%.
Upbit's 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.<
Upbit's 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show.<
Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens.
The cumulative volume delta (CVD) indicator show traders from Binance have led the so-called "sell-the-fact" pullback in bitcoin.
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