Jupiter

Qtum

Avalanche

Threshold

<p>Upbit, South Korea’s largest cryptocurrency exchange, has seen significant increases in trading volumes for several altcoins.</p>
<p>Anomalous activity was detected across multiple timeframes, with some coins experiencing volume increases of over 200%. Below are highlights of the trading anomalies observed.</p>
<h2 id="jupiter-jup">Jupiter (JUP)</h2>
<p>On Upbit, trading volume for Jupiter has increased significantly on the 1-hour chart. The average trading volume over the last 50 periods was around $95,000, but the recent volume increased by 173.28% to $260,000. In contrast, Binance saw a slight decrease in volume over the same period, with an average of $625,000 and a recent volume of $574,000, a decrease of 8.19%.</p>
<h2 id="threshold-t">Threshold (T)</h2>
<p>Threshold saw a significant jump in trading volume on Upbit, with the 1-hour chart showing a 296.32% increase from an average of $2 million to $7 million. Meanwhile, Binance also saw a rise, albeit much smaller, with volume remaining around $1 million.</p>
<h2 id="avalanche-avax">Avalanche (AVAX)</h2>
<p>Avalanche saw an unusual spike on Upbit’s 4-hour chart, where trading volumes rose 109.05% from an average of $26,000 to $55,000. In contrast, Binance noted a slight decline in activity for AVAX over the same time frame, with volumes dropping 2.79% from $242,000 to $236,000.</p>
<h2 id="qtum-qtum">Qtum (QTUM)</h2>
<p>On Upbit, the 1-hour trading volume for Qtum also saw a significant increase, rising from an average of $13,000 to $35,000, marking a 176.18% increase. However, Binance reported a sharp decline, with volumes dropping from an average of $10,000 to $7,000, marking a 31.48% drop.</p>
<h2 id="cardano-ada">Cardano (ADA)</h2>
<p>Cardano experienced an unusual volume surge on the 4-hour chart on Upbit, with trading volumes doubling from $2 million to $4 million, up 142.96%. In contrast, Binance saw a 16.90% drop in ADA trading volume from $9 million to $7 million during the same period.</p>
<p>*This is not investment advice.</p>
<p><b> Continue Reading: <a href="https://en.bitcoinsistemi.com/trading-volume-explodes-in-5-altcoins-in-south-korea/" rel="noopener noreferrer nofollow">Trading Volume Explodes in 5 Altcoins in South Korea</a></b></p>

Trading Volume Explodes in 5 Altcoins in South Korea

Table of Contents

Bitcoin Sistemi EN

Other articles published on Oct 13, 2024

The most famous Elden Ring player’s ban is lifting after 6 months

SPX6900 Price Prediction – Can $SPX Coin Sustain Its Rapid Climb to $1?

Trump Surges Ahead of Kamala Harris by 10 Points on Polymarket

Renewed Speculation on Satoshi Nakamoto’s True Self Sparks Debate

Potential 200% Surge in Dogecoin Price: Critical Data and Forecasts Revealed

An Analytical Perspective on the WTK WadzPay Crisis: Expert Insights Inside

Join our free newsletter for daily crypto updates!