in Bitcoin On a day when volatility increased, South Korea’s largest cryptocurrency Exchange Upbit reported unusual increases in trading volumes of several altcoins.
The Graph (GRT) The 4-hour chart for showed a significant increase in trading volume. On Upbit, average 50 4-hour volume increased from $30 million to $55 million, an increase of 81.86%. On the other hand, volume on Binance increased from an average of $26 million to $37 million, an increase of 42.28%.
PlayDapp (PDA), It saw a massive 340.04% increase in 1-hour trading volume on Upbit, jumping from an average of $19 million to $85 million. However, volume on Binance decreased by 62.79%, from an average of $2 million to $738,000.
Ethereum Classic (ETC) also experienced a significant increase in transaction volume. On Upbit, average 50 1-hour volume increased by 269.45% from $106K to $390K. On Binance, the volume increased by 38.35%, from an average of 77 thousand dollars to 106 thousand dollars.
Avalanche (AVAX), It saw an 84.06% increase in 4-hour trading volume on Upbit, rising from an average of $417,000 to $768,000. On Binance, the volume increased by 42.94%.
Meanwhile, Bitcoin Gold (BTG) There was a 170.78% increase in 1-hour trading volume on Upbit, jumping from an average of 29 thousand dollars to 78 thousand dollars. However, the volume on Binance decreased by 28.60%, from an average of 27 thousand dollars to 19 thousand dollars.
*This is not investment advice.
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