Bullish

Upbit 24h Trading Volume Drops 9% as USDT/KRW Leads Korean Won Market

2026-08-03 13:16:26

Upbit sees 9% daily volume decline; USDT/KRW holds 11.03% share, ranking first in KRW market alongside BTC, XRP, HYPER, and MANTRA.

Woofun AI data shows that Upbit's trading volume fell by 9% over the past 24 hours compared to the previous period. The USDT/KRW pair captured 11.03% of total volume, securing the top spot in the Korean won market. BTC, XRP, HYPER, and MANTRA rounded out the other top five traded assets.

WOOFUN AI

Impact Assessment · Quick Read

The 9% volume contraction suggests a temporary cooling in trading activity on Upbit. Dominance of the USDT/KRW pair indicates stablecoin liquidity remains a primary driver for fiat on-ramps in the region. Continued monitoring of BTC and XRP performance is warranted to gauge broader market sentiment.
Generated by WOOFUN AI · For reference only, not investment advice

Comments

Me
Replying to @User
0/800

No comments yet.

Notifications

Sign in to view messages
View all messagesManage subscriptions