Abnormal trading volumes have been recorded for several altcoins on Upbit, South Korea's largest cryptocurrency exchange. Altcoins showing notable activity include Tezos (XTZ), Chiliz (CHZ), Theta Fuel (TFUEL), Aave (AAVE) and Wax (WAXP).
1.#tezos(XTZ): On the 4-hour chart, Tezos has seen a significant spike in trading volume on Upbit. The average volume of $79,000 increased to $146,000, marking an increase of 85.39%. In contrast, trading volume on Binance decreased by 59.8%, from an average of $625,000 to $254,000.
2.#Chiliz(CHZ): Chiliz saw a significant increase in trading volume on Upbit, with an average volume of 9 million USD, up 145.74% to 21 million USD. On Binance, trading volume increased modestly from $9 million to $11 million, an increase of 14.87%.
3. Theta Fuel ($TFUEL ): On Upbit's 1-hour chart, Theta Fuel's trading volume has spiked significantly. Average volume of $1 million increased 170.39% to nearly $3 million. Binance also saw an increase, with volume increasing from $803,000 to $1 million.
4. Aave ($AAVE ): Aave's trading volume on Upbit's 1-hour chart has increased significantly. The average volume from $488 skyrocketed to $2,000, reflecting a staggering 424.67% increase. In contrast, Binance's trading volume decreased by 62.18%, from $2,000 to $891.
5. Wax ($WAXP ): Wax has a notable increase in trading volume on Upbit's 1-hour chart. Average volume increased from $9 million to $23 million, an increase of 154.85%. On Binance, volume increased from $3 million to $4 million, a modest increase of 34.02%.
