5 Altcoins with Abnormal Trading Volumes on Upbit, South Korea's Largest Cryptocurrency Exchange
1. Tezos ($XTZ ) is a notable asset, with an hourly trading volume that surged by 262.51% to $26,000, well above its average of $7,000.
Meanwhile, Tezos' trading volume on Binance dropped slightly by 6.45%, indicating a difference in trader behavior between the two exchanges.
2. STP (STPT) also saw significant growth, with its trading volume on Upbit increasing by 162.25%, from $249,000 to $654,000. In contrast, STP's trading activity on Binance decreased by 24.42%.
3. Hedera ($HBAR ) saw notable activity on Upbit, with its four-hour trading volume increasing by nearly 300%, from $3 million to $9 million. Binance also recorded a 40.95% increase for the same asset.
4. Ethereum Name Service (ENS) saw its trading volume nearly triple on Upbit, rising 193.9% from its average of $8,000 to $23,000. On Binance, ENS’s trading volume also increased by 33.56%. The increase can be attributed to Ethereum founder Vitalik Buterin recently trading on the platform.
5. Kava ($KAVA ) saw its hourly trading volume on Upbit increase by 256.18%, from an average of $52,000 to $186,000. Meanwhile, Kava's trading activity on Binance increased by only 5.73%.
