SouthKorea’slargestcryptocurrencyexchangeUpbithasrecordeddramaticincreasesintradingvolumesforseveralaltcoins.
Thesenotableincreasesobservedontheone-hourandfour-hourtradingchartsindicatehighactivity,whichcontrastswithtrendsonglobalplatformslikeBinance.
OneofthenotablemoveswasseenonBeam(BEAM).Onitsfour-hourchart,BEAM’stradingvolumeonUpbitskyrocketedto$63million,a212.77%increasefromits50-periodaverageof$20million.However,thepicturewasquitedifferentonBinance,whereBEAM’svolumedroppedby39.80%fromanaverageof$6millionto$4million.
AnothertokenthatcaughtourattentionwasLayerZero(ZRO).Ontheone-hourchart,ZROsawanexplosive365.80%increaseonUpbit,withtradingvolumesreaching$190,000comparedtoanaverageof$41,000.Binancesawamoremodest45.63%increase,withvolumesrisingfrom$97,000to$141,000.
BounceToken(AUCTION)alsosawasignificantincreaseintradingvolumeonUpbit,rising246.49%fromanaverageof$3,000to$11,000ontheone-hourchart.Again,themovementonBinancedifferedsignificantlywitha56.76%decreaseinvolume,fallingfromanaverageof$4,000tojust$2,000.
ThetaFuel(TFUEL)followedatrendofsignificantvolumeincreasesonUpbit,rising339.14%inaone-hourperiod,fromanaverageof$418,000to$2million.OnBinance,volumeslightlydecreased,dropping3.38%to$471,000fromanaverageof$488,000.
StargateFinance(STG)contributedtothispatternwitha165.54%increaseintradingvolumeonUpbit,risingfrom$137,000to$363,000inaone-hourtimeframe.Meanwhile,Binancesawa19.60%drop,withSTGvolumesfallingfrom$175,000to$140,000.
*Thisisnotinvestmentadvice.
en.bitcoinsistemi.com