Abnormal trading volume has been recorded in several altcoins on Upbit, South Korea's largest cryptocurrency exchange.
An unusual increase in the trading volume of several altcoins has been detected on Upbit, South Korea's largest cryptocurrency exchange.
The list of altcoins mentioned includes GRT, ADA, ARDR, WAVES, and DOT.
Graph (GRT) shows a significant increase in trading volume on the 4-hour chart. On Upbit, the average 4-hour volume increased from 665k USD to 1 million, an increase of 92.30%.
During the same period, volume on Binance showed a change of 14.72%.
The 1-hour chart of Cardano (ADA) shows an impressive 194.43% increase in trading volume on Upbit, with average 1-hour trading volume increasing from $188K to $555K. On Binance, the change remained relatively modest at 1.41%.
Ardor (ARDR ) saw 4-hour trading volume on Upbit increase by a staggering 492.57%, increasing from an average of $4 million to $22 million.
On Binance, the average volume increased from 673k to 932k, recording a change of 38.49%.
Trading volume on the 1-hour chart of Waves (WAVES) increased by a significant 210.37% on Upbit, with average volume increasing from $271k to $841k.
Binance saw a more conservative increase of 26.22%, with volume increasing from an average of $107k to $135k.
Finally, trading volume on the Polkadot (DOT) 1-hour chart saw a significant 417.53% increase on Upbit, with an average volume of $13k rising to $65k.
On Binance, volume increased from an average of $62k to $89k, showing a change of 42.21%.
