Upbit’s Weekly Trading Volume Falls 15% as South Korean Crypto Activity Slows Down
Upbit, South Korea’s largest crypto exchange, reported a 15.5% weekly volume drop to 8.35 trillion won. XRP outpaced Bitcoin and USDT as Korean traders favored the token amid cooling activity. Lower volume typically means thinner order books, which can still amplify price moves when larger orders reach a thin market. XRP Leads a Cooling Market The post Upbit’s Weekly Trading Volume Falls 15% as…
Upbit, South Korea's largest crypto exchange, saw weekly trading volume fall 15.5% to 8.35 trillion won, signaling cooling activity among Korean traders. XRP outpaced Bitcoin and USDT in trading preference during the slowdown. Lower volume typically means thinner order books, which can amplify price moves when larger orders hit the market, so traders should watch for heightened volatility despite the quieter backdrop.
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1H AGOYou’re reading thisUpbit’s Weekly Trading Volume Falls 15% as South Korean Crypto Activity Slows DownBeInCrypto · Score 25
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3H AGOCryptoNews · Score 25 · via Upbit, 15.5%
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16H AGOCrypto Briefing · Score 25 · via Upbit volume, volume falls
