Upbit's trading volume over the past 24 hours was approximately $607 million, a 6.6% decrease from the previous
Original headlineUpbit 过去 24 小时交易量约 6.07 亿美元，环比下降 6.6%
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South Korean crypto exchange Upbit recorded roughly $607 million in spot trading volume over the past 24 hours as of November 3, down 6.6% from the previous day, according to CoinGecko data. The most active pair was BTC/KRW at about $52.13 million (8.59% of volume), followed by MPLX/KRW at $46.48 million (7.66%), XRP/KRW at $40.81 million (6.73%), USDT/KRW at $38.75 million (6.39%), and SOPH/KRW at $33.65 million (5.55%). The volume decline signals cooling retail activity on Korea's largest exchange, a key barometer of the "Kimchi premium" market. Notably, altcoin pairs MPLX and SOPH outranked USDT, suggesting speculative rotation into smaller tokens. Watchers should track whether Upbit volumes stabilize or extend the slide, and whether altcoin dominance in the top pairs persists.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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