Upbit Trading Volume Surges 436% to $4.12B as Korean Retail Investors Flee Stock Market

SK Hynix-15.36%
BTC-1.42%
XRP-1.08%
ETH-0.55%
According to BlockBeats, on July 13, Upbit, South Korea's largest centralized exchange, recorded 24-hour trading volume of $4.12 billion, a 436% increase, as retail investors shifted capital into crypto amid a sharp stock market decline. Korean equities extended losses, with major stocks including Samsung and SK Hynix leading the sell-off, according to Coingecko data. Bitcoin, XRP, and Ethereum were the top three trading pairs on the platform.
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