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Unusually High Trading Volumes in 5 Altcoins on South Korean Cryptocurrency Exchanges

source-logo  en.bitcoinsistemi.com 27 June 2024 20:48, UTC
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Surprisingly, South Korea's largest cryptocurrency exchange, Upbit, has detected unusual trading volume increases in several altcoins. Altcoins showing this unusual activity include Aptos ($APT), Basic Attention Token ($BAT), Bitcoin Gold (BTG), Polkadot ($DOT), and Tezos ($XTZ).

The 4-hour chart for Aptos ($APT) showed a 129.31% increase in trading volume on Upbit, with the last recorded volume at $101K, significantly above the 50 average 4-hour volume of $44K. On Binance, the transaction volume increased by 41.37% and the last recorded volume was 628 thousand dollars.

Basic Attention Token ($BAT) saw a massive 609.29% increase in trading volume on the 1-hour chart on Upbit, with the last recorded volume being $440K. On Binance, transaction volume increased by 28.63%.

Bitcoin Gold (BTG) and Polkadot ($DOT) also experienced unusual trading volume increases on the 1-hour chart on Upbit. BTG showed an increase of 245.32%, while $DOT recorded an increase of 269.99%. However, on Binance BTG saw a 28.60% drop in trading volume.

Finally, Tezos ($XTZ) saw a 95.35% increase in trading volume on the 4-hour chart on Upbit. However, trading volume on Binance decreased by 19.43%.

*This is not investment advice.

en.bitcoinsistemi.com