Korean exchanges Upbit and Bithumb see significant increase in trading volume
2026-08-21 17:33:33
According to CoinMeta, South Korea's largest cryptocurrency exchange Upbit saw a 273% increase in trading volume over the past 24 hours, reaching approximately $1.84 billion, which is the highest level since mid-March. Bithumb also experienced a 132.9% increase in trading volume during the same period, amounting to around $934.9 million. The most actively traded cryptocurrencies on both platforms are XRP. Presto Research believes that as BTC and the overall cryptocurrency market rebound, South Korean investors are gradually paying renewed attention to crypto assets. However, with only two days of data available so far, it is not yet sufficient to confirm the formation of a large-scale capital rotation.
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Source:The Block
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