Analysis: Upbit’s trading volume in the past two days has reached $14 billion, equivalent to the overall trading volume of South Korean stocks

CoinVoice recently learned that 10x Research pointed out in its market analysis that the Korean exchange Upbit, which accounts for 80% of the local market share, had a trading volume of $14 billion on both Saturday and Sunday, an increase of 48% compared to its 7-day moving average, which usually includes higher weekday trading volumes. In comparison, the trading volume of all Korean stocks was $14 billion.

This is different from the speculative boom observed in March, when South Korea's retail trading volume reached $16.2 billion in a single day, and the current market is experiencing several consecutive days of abnormally high trading volumes. [Original link]