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Upbit Trading Volume Falls 34.1% to $3.11 Billion in 24 Hours

Upbit Trading Volume Falls 34.1% to $3.11 Billion in 24 Hours

Upbit’s trading volume surges by 25.1%, with the USDT/KRW pair leading the Korean market, continuing its dominance amid increased trading activity.

BTC
USDT
XRP

Summary

Upbit’s 24-hour trading volume increased by 25.1% to $2.622 billion, according to CoinGecko. The USDT/KRW pair remains the top trading pair, commanding 10.36% of the total volume, followed by FF, XRP, BTC, and SUPER in the rankings.

Terms & Concepts
  • Trading Volume: The total value of all trades executed on an exchange over a specific period, often used to gauge market activity.
  • USDT/KRW Pair: A cryptocurrency trading pair representing exchanges between Tether (USDT) and South Korean won (KRW).
  • Market Share: The percentage of total trading volume attributed to a specific asset or pair within an exchange's overall activity.