Extraordinary values were detected in the transaction volumes of some altcoins on Upbit, South Korea's largest and the world's second largest cryptocurrency exchange.
The 4-hour chart for Pyth Network (PYTH) showed a significant increase in trading volume. On Upbit, 4-hour average 50 volume of $19 million rose to $47 million, an increase of 143.89%. Meanwhile, volume on Binance rose from an average of $13 million to $16 million, representing a 28.67% increase.
The 1-hour chart for 0x Protocol (ZRX) also reported unusual trading volumes. On Upbit, the $13 million 1-hour average 50 volume jumped to around $40 million, a whopping 202.96% increase. However, volume on Binance remained relatively stable, gaining 1.21%.
QuarkChain (QKC) also saw a huge increase in 4-hour trading volume. On Upbit, the 4-hour 50 volume average of $284 million skyrocketed to $1 billion, a staggering increase of 271.36%. In Binance, the volume increased from an average of 40 million dollars to 47 million dollars, showing an increase of 17.62%.
Golem (GLM) recorded a significant change in 1-hour trading volume. On Upbit, 1-hour average volume of 50 from $2 million increased by 339.75% to approximately $9 million. On Binance, the volume increased from 896 thousand dollars to 1 million dollars, showing a change of 26.81%.
Finally, Aergo (AERGO) observed a notable change in 4-hour trading volume. On Upbit, the 4-hour 50 average volume of $20 million rose to $30 million, an increase of 50.35%. On Binance, volume rose 20% from an average of $3 million.
*This is not investment advice.