Upbit, South Korea’s largest crypto exchange, posted weekly trading volume of 11.2 trillion won, approximately $8 billion, for the most recent reporting week. This figure represents a 6.74% jump from the prior week. XRP claimed the top spot among the most actively traded assets on the platform, outpacing Bitcoin and USDT. During recent activity peaks, Upbit’s trading volumes soared over 270%, reaching single-day figures as high as $3.81 billion. Upbit, operated by Dunamu, has 12 to 13 million registered users and dominates the South Korean market against its closest competitor, Bithumb.
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