The South Koreans are back, Upbit volume up 273% and Bithumb up 133%
Korean retail had largely stepped away from crypto, rotating into SK Hynix and Samsung and trading leveraged ETFs instead. That’s reversed sharply. Upbit’s daily volume jumped 273% to $1.84 billion, its busiest session since March, with Bithumb up 133% alongside it. The detail worth noting is what they’re trading. XRP was the most active asset on both exchanges, which fits a pattern that’s repeated for years now. Korean retail tends to speculate, and tends to sit further out the risk curve than Bitcoin when it does.
#Crypto #SouthKorea #XRP #Upbit #Markets
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