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"Upbit's $3.456B Crypto Trading Volume: XRP Dominates South Korea"
Generated by AI AgentCoin World
Sunday, Feb 2, 2025 9:33 am ET1min read
Upbit, a leading cryptocurrency exchange, reported a significant 24-hour trading volume of $3.456 billion on February 2nd. The XRP/KRW trading pair dominated the market, accounting for 19.94% of the total trading volume, solidifying its position in the South Korean market. Following XRP, the top five trading pairs by volume included BTC, QTUM, DOGE, and SOL, indicating a diverse range of digital assets actively traded.
The substantial trading volume and the diversity of assets traded underscore the growing interest and activity in the cryptocurrency sector, particularly in regions like South Korea, where local exchanges play a crucial role in shaping market dynamics. As traders continue to navigate the evolving landscape, monitoring such trading activities will be essential for understanding broader market trends.
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Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
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