South Korean traders are returning to crypto as Bitcoin climbed to a three-month high of $79,500. Upbit’s 24-hour trading volume jumped 273% to $1.84 billion, while Bithumb’s volume rose 132.9%. 

The sharp rise suggests Korean investors may be moving money back into crypto after months of weaker trading activity.

Upbit and Bithumb Traders Lead the Korean Trading Surge

South Korea’s largest crypto exchange, Upbit, saw its 24-hour trading volume jump 273% to $1.84 billion. This rally marks the highest single-day trading volume for Upbit since mid-March. 

Completely outperforming global volume trends over the same trailing 24-hour window.

Simultaneously, Bithumb, the country’s second-largest exchange, also saw…