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

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.

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