Bullish
Upbit Trading Volume Surges 11.9% Quarter-on-Quarter in 24 Hours
10:26
Upbit sees 11.9% QoQ volume rise in 24h; USDT/KRW dominates with 17.26% share, while BTC and XRP remain in top five trading pairs.
Woofun AI data shows that Upbit recorded an 11.9% quarter-on-quarter increase in trading volume over the past 24 hours as of August 18. The USDT/KRW pair commanded 17.26% of total volume, leading the Korean won market, with BTC, XRP, CAP, and ONG occupying the remaining top five spots.
WOOFUN AI
Impact Assessment · Quick Read
The significant quarter-on-quarter volume expansion indicates sustained liquidity inflow into the South Korean exchange. Dominance by the USDT/KRW pair suggests strong demand for stablecoin on-ramps, while the presence of BTC and XRP in the top five highlights continued interest in major assets amidst broader market activity.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.