Upbit Volume Jumps 273% As Bitcoin Rally Pulls Korean Traders Back In
Upbit's trading volume surged by 273% to approximately $1.84 billion as Bitcoin's recent rally attracted South Korean traders back to the cryptocurrency market. Analysts suggest that local investors are increasingly focused on 'return-chasing' rather than loyalty to specific assets.
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Upbit Volume Jumps 273% As Bitcoin Rally Pulls Korean Traders Back In
Upbit Volume Jumps 273% As Bitcoin Rally Pulls Korean Traders Back In - Read the full analysis.
Bitcoin rally sends Upbit trading volume up 273% to $1.84 billion
Trading activity on South Korea’s two largest crypto exchanges has jumped sharply, with Upbit volume rising 273% to about $1.84 billion as Bitcoin’s latest rally pulls local traders back toward digital assets. According to CoinGecko data on Aug. 21, Upbit…
Upbit trading volume spikes 273% as South Korean investors re-enter crypto
One analyst said South Korean capital is slowly moving back to crypto, as investors are 'return-chasing' rather than 'asset-loyal.'