According to the data, 5 altcoins increased their volumes impressively during the day.
Surprisingly, unusual trading volumes were found on the Upbit and Binance exchanges, the largest in South Korea. Here are the altcoins experiencing a volume explosion on Upbit. Volumes are indicated in dollars.
In the 1-hour chart, Avalanche (AVAX) saw significant growth in trading volume on Upbit. The 50-period average volume was around 34K, but the latest volume was 90K, an increase of 169.20%. However, on Binance the volume decreased by 25.94%, from 320 thousand to 237 thousand.
Stellar (XLM) and IOTA also saw an increase in trading volume on the 4-hour chart on Upbit. Stellar's 50-4 hour average volume of 14 million rose to 33 million, an increase of 132.15%. On Binance, volume increased by 41.08%, from 19 million to 26 million.
The average volume over 50 periods of 4 hours for IOTA on Upbit increased from 3 million to 8 million, showing a huge increase of 182.20%. However, on Binance, volume remained almost unchanged at 4 million, with a slight decrease of 2.10%.
Civic (CVC) and Polkadot (DOT) saw significant increases in volume on Upbit. The 50 1 hour average volume for the Civic increased from 2 million to 7 million, an impressive increase of 356.04%. On Binance, volume decreased by 22.28%, from 558 thousand to 434 thousand.
Average volume over 50 4-hour periods for Polkadot on Upbit doubled from 244K to 511K, an increase of 109.41%. On Binance, volume increased by 48.01%, from 1 million to 2 million.
This is not investment advice. 🚀📈
