South Korea’s largest cryptocurrency exchange Upbit has experienced unusual increases in the trading volume of several altcoins in recent hours.
Among the altcoins in question: IQ, QuarkChain (QKC), Algorand (ALGO), Sei (SEI) And Theta Fuel (TFUEL) It is located.
IQ The 4-hour chart for showed a significant increase in trading volume on Upbit. The average 50 4-hour volume was $29 million, but the last recorded volume was a staggering $82 million, showing a percentage change of 176.73%. On the other hand, a more modest increase was seen on Binance, the world’s largest cryptocurrency exchange. IQ trading volume on Binance increased by 17.18%.
On the other hand QuarkChain (QKC) also experienced a large increase on its 1-hour chart on Upbit. While the average 50 1-hour volume in previous data was around 3 million dollars, the last recorded volume was 22 million dollars, a total increase of 685.54%. In the same time period, the volume change on Binance was interestingly downwards and there was a 33.98% decrease in volume.
Popular altcoin Algorand (ALGO) On the other hand, an increase in transactions was recorded on South Korea’s largest cryptocurrency exchange. While previous data showed 50 1-hour ALGO volume on Upbit around $1 million, the latest volume pointed to a figure close to $4 million. A more minimal increase was observed on Binance in the same period and the volume increased by 24.07%.
On the other hand, one of the new altcoins that has been on the agenda recently SEI An increase in volume was also observed on Upbit. 50 1-hour volume increased from $5 million on Upbit to $16 million, with a net increase of 196.22%. On the other hand, a decrease was observed on Binance in the same period and the volume decreased by 3.55%.
Finally at TFUEL This time, interesting data was obtained on the 4-hour chart. According to data received from Upbit, while the previous data on the 50 4-hour chart of the altcoin was around 4 million dollars, this number climbed to approximately 8 million dollars with an increase of 121.78%. In Binance, a decrease in volume was observed in the same period, with a decrease of 3.51%.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!