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Woofun AI data shows that Upbit, the largest centralized exchange in South Korea, reported a 24-hour trading volume of $4.12 billion, representing a 436% increase. This surge coincides with a prolonged downturn in the South Korean stock market, where major indices triggered circuit breakers amid declines led by Samsung and Hynix.
The top five traded assets on the platform are Bitcoin, XRP, ETH, T, and BLAST. The data indicates a shift in retail investor behavior, with capital moving from equities to cryptocurrency markets during this period of stock market volatility.