Interestingly, South Korea’s largest cryptocurrency Several altcoins experienced unusual trading volume increases on Upbit exchange.
Among the altcoins in question: Immutable (IMX), The Graph (GRT), Decentraland (MANA), Sei (SEI) And EOS It is located.
IMX’s average 1-hour trading volume on Upbit was recorded at $79,000, but recent figures show it rose to $207,000. This represents a significant increase of 162.17%. On Binance, the average 1-hour volume was $150,000, while the last volume was recorded as $197,000, indicating an increase of 31.44%.
GRT performed even more impressively on Upbit, with 1-hour average volume of $167,000 rising by a whopping 187.45% to $479,000. However, trading volume on Binance showed a slight decrease of 4.76%, from a rounded average of $1 million, with volume last recorded at around $1 million.
MANA followed the same pattern with its 50 1-hour average volume of $165,000 on Upbit, rising 177.05% to $457,000. On Binance, trading volume increased by 20.53%, reaching the last recorded volume of $341,000 from an average of $283,000.
SEI outperformed them all, skyrocketing 1-hour average volume of $50 million on Upbit to $7 million, a staggering increase of 231.19%. On Binance, the transaction volume increased by 18.63%, reaching the last recorded volume of $2 million, from an average of $1 million.
EOS also saw a significant increase in trading volume on Upbit, with the 1-hour average volume rising from $203,000 to $683,000, an increase of 236.12%. However, trading volume on Binance decreased by 32.23% from an average of $243,000 to the last recorded volume of $165,000.
*This is not investment advice.
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