South Korean crypto exchange Upbit processed an estimated 1.15 trillion won, or approximately $830 million, during one hour of volatile trading on Aug. 22.
Summary
- Upbit processed an estimated 1.15 trillion won during the volatile hour beginning 05:00 UTC Saturday.
- Twenty-four-hour Upbit volume reached $3.818 billion, according to data cited by Wu Blockchain during volatility.
- XRP generated 32.20% of Upbit volume, ahead of TRUMP at 10.93% and Tether at 8.39%.
- CoinGlass data showed $523 million liquidated within one hour, including $448 million from long positions.
- Upbit’s volume rebound followed a 273% daily increase to approximately $1.84 billion on August 21.
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