According to the latest information, unusual trading volumes have been detected in some altcoins on South Korean-based cryptocurrency exchanges.
QuarkChain (QKC), Aptos (APT), Loom Network (LOOM) and Pundi X (PUNDIX) experienced significant increases in trading volumes, sparking interest among crypto traders and enthusiasts.
On South Korea's most popular exchange, Upbit, the average volume of 50 1-hour units for QKC was $3 million, but the final volume was recorded at $14 million, a percentage change of 392.89 percent. On the other hand, the average 50 1-hour volume on Binance was 716 thousand, while the final volume was recorded as 95 thousand, indicating a percentage change of -86.77%.
APT also experienced an unusual increase in volume on Upbit; The 50 4-hour average volume was 202,000, while the final volume was recorded as 1 million, showing a 439.99% percent change. On Binance, on the other hand, the average 50 4-hour volume was 714K, while the final volume was recorded as 802K, indicating a percentage change of 12.28%.
In terms of LOOM, the average 50 1-hour volume on Upbit was 7 million, but the final recorded volume was 25 million, reflecting a percentage change of 246.12%. On Binance, the average 50 1-hour volume was 319k, while the last recorded volume was 456k, indicating a percentage change of 42.79%.
Finally, PUNDIX recorded an unusual increase in volume on Upbit; While the last 50 1-hour average volume was 100 thousand, the final volume was recorded as 305 thousand and witnessed a percentage change of 204.19%. On Binance, on the other hand, the average volume of 50 1-hour units was 17k, while the last recorded volume was 8,000, indicating a percentage change of -54.50%.
*Not investment advice.
