South Korea’s largest cryptocurrency exchange Upbit, several altcoin It has seen an unusual increase in trading volumes according to Binance. Among the altcoins in question: Qtum (QTUM), Arbitrum (ARB), Decentraland (MANA), Kava (KAVA) And StormX (STMX) It is located.
The 4-hour chart for Qtum (QTUM) showed an average volume of $3 million, but the last recorded volume was surprisingly around $9 million, indicating a 165.23% increase on Upbit. On Binance, the 4-hour average 50 volume was $758 thousand, while the last recorded volume was $892 thousand, an increase of 17.65%.
Arbitrum (ARB) also saw a significant increase on the 1-hour chart. While the average 50-hour volume on Upbit was $2 million, this figure increased by 166.44% to nearly $4 million. On Binance, the volume increased from an average of 5 million dollars to approximately 7 million dollars, showing an increase of 38.89%.
Decentraland (MANA) followed the trend with a 168.10% increase on Upbit, with 50 1-hour average volume rising from $2 million to $4 million. Volume on Binance increased by 21.79%, from $2 million to $3 million.
Kava (KAVA) also made its mark on the 4-hour chart with a 128.45% increase on Upbit, with the 50 4-hour average volume increasing from $2 million to $5 million. However, volume on Binance decreased by 28.43%, from approximately $3 million to $2 million.
Finally, StormX (STMX) rounded out the chart with a massive 199.62% increase on Upbit, with average 50 1-hour volume rising from $90 million to $270 million. On Binance, the volume increased by 8.10%, from $56 million to $60 million.
*This is not investment advice.
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