Sunday, December 10, 2023

South Korean Merchants Behind Current Altcoin Rally, CryptoQuant Says



Spot volumes on native change Upbit have almost doubled since September, analysts at on-chain information agency CryptoQuant shared in a Friday notice to CoinDesk. Upbit, which constitutes over 85% of the Korean buying and selling quantity, skilled an 82% development in October in comparison with September, with buying and selling quantity rising from $32.8 billion to $59.8 billion.

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