The trading volume for the XRP/KRW pair on South Korea’s Upbit exchange surpassed $7 billion earlier today, according to data provided by CoinMarketCap. 

In fact, the trading pair accounted for nearly a third of the exchange’s trading volume. 

HBAR/KRW and BTC/KRW come in second and third places with 5.92% and 5.70%, respectively. 

According to analytics firm Lookonchain, the South Korean cryptocurrency market has experienced significant turmoil. 

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