UnusualtradingpatternshavebeenobservedforseveralaltcoinsonSouthKorea’slargestcryptocurrencyexchangeUpbit,whichmayindicateincreasedactivityandinvestorinterest.
Notably,thesechangesvariedacrosstimezonesanddifferedsignificantlybetweenUpbitandglobalexchangeBinance.
Tezos(XTZ)rosesharplyonthe1-hourchartonUpbit,withvolumelastrecordedat$47,000,a214.7%increasefromthe50-periodaverageof$15,000.Incontrast,BinanceXTZreportedadeclineintradingactivity,withvolumedown73.35%to$40,000comparedtothe$151,000average.
Jupiter(JUP)sawanotableincreaseinvolumeonUpbitinthe4-hourtimeframe.The$4millionrecordedvolumerepresenteda119.54%jumpfromthe50-periodaverageof$2million.Binancesawamoremodest14.68%increase,withvolumerisingfromthe50-periodaverageof$6millionto$7million.
Ankr(ANKR)hasseenadramaticrisein1-hourtradingvolumeonUpbit,jumpingfromanaverageofnearly$2millionto$13million,withan874.18%increase.Meanwhile,onBinance,1-hourvolumeincreasedby10.86%,fromanaverageof$3millionto$4million.
Kava(KAVA)alsosawsignificantmovementonUpbit’s4-hourchart,withvolumeincreasingby83.41%fromanaverageofaround$1.5millionto$3million.OnBinance,tradingvolumeforKAVAincreasedby45.09%to$2millionduringthesameperiod.
Finally,Hive(HIVE)sawa191.83%increasein1-hourtradingvolumeonUpbit,jumpingfromanaverageof$86,000to$250,000,whileBinancereporteda15.22%decrease,withthelastrecordedvolumeremainingat$96,000comparedtoanaverageof$113,000.
*Thisisnotinvestmentadvice.
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