Upbit recorded a trading volume of 8.35 trillion won (approximately $6.28 billion) for the week ending October 18, 2026, down 15.5% from the previous week. XRP nonetheless maintained its top position on South Korea’s largest exchange, ahead of Bitcoin and USDT. The exchange’s 24-hour volumes ranged from about $340 million to more than $1.2 billion during mid-October. Major South Korean platforms had already seen a 19.56% decline in trading volume the preceding week. South Korea is also blocking 27 offshore exchanges as part of its wider regulatory backdrop.
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