Unusual trading volumes were observed in some altcoins on Upbit, South Korea's largest cryptocurrency exchange.
Volumes in dollar terms have shown significant changes over the last few hours.
Mask Network (MASK)
Mask Network (MASK) showed a staggering 224.70% increase in volume on Upbit on the 1-hour chart, with the last volume recorded at 399K, which is a significant rise from the average 50 1-hour volume of 123K. In Binance, the volume increased by 25.50%, while the 1-hour average 50 volume was recorded as 149 thousand and the final volume was 187 thousand.
Bitcoin Gold (BTG)
Bitcoin Gold (BTG) also showed a notable 191.73% increase in volume on Upbit on the 1-hour chart, with recent volume rising from 8k to 23k, with a 1-hour average of 50 volume. However, volume on Binance decreased by 28.60%, with the last volume recorded at 19 thousand, with the average 50 1-hour volume falling to 27 thousand.
IOST (IOST)
IOST (IOST) showed an impressive 267.40% increase in its volume on Upbit on the 1-hour chart, with the last volume recorded at 32 million, which is a significant rise from the average 50 1-hour volume of 9 million. Volume on Binance increased by 9.09% and the last volume was recorded at 14 million. The previous 1-hour average volume was 50 and 13 million.
Tezos (XTZ)
On the 4-hour chart, Tezos (XTZ) exhibited a 102.91% increase in volume on Upbit, with the last volume recorded at 4 million, down from an average 50 4-hour volume of 2 million. Volume on Binance increased by 22.81%, with the latest volume recorded at 1.15 million, down from the average 50 4-hour volume of 943 thousand.
*This is not investment advice.