Ahmet Bedirhan Arvas 
Some altcoins listed on Upbit are experiencing a surge in trading volume! South Korea’s leading cryptocurrency exchange, Upbit, has observed a notable increase in trading volumes for certain altcoins. The trading volumes in USD have shown significant changes in the last few hours, leading to noteworthy developments in the market.
Mask Network (MASK): On the 1-hour chart on Upbit, Mask Network (MASK) exhibited a surprising volume increase of 224.70%. The recent volume was recorded at 399,000, significantly surpassing the average 50-unit hourly volume of 123,000. During the same period, on Binance, the volume increased by 25.50%, with the 1-hour average 50-volume recorded at 149,000 and the recent volume at 187,000.
Bitcoin Gold (BTG): Bitcoin Gold (BTG) also exhibited a notable volume increase of 191.73% on the 1-hour chart on Upbit. The recent volume increased from 8,000 to 23,000, surpassing the average 50-unit hourly volume. However, during the same period on Binance, the volume decreased by 28.60%, with the recent volume recorded at 19,000, and the average 50-unit hourly volume dropped to 27,000.
IOST (IOST): IOST (IOST) showed an impressive volume increase of 267.40% on the 1-hour chart on Upbit. The recent volume was recorded at 32 million, significantly surpassing the average 50-unit hourly volume of 9 million. During the same period on Binance, the volume increased by 9.09%, with the recent volume recorded at 14 million. The previous 1-hour average 50-volume was 13 million. These altcoins listed on Upbit have experienced significant gains in the last week!
You might be interested in: Huge Resignation at Grayscale, which applied for Bitcoin ETF!
Tezos (XTZ): Tezos (XTZ) displayed a significant volume increase of 102.91% on the 4-hour chart on Upbit. The recent volume was recorded at 4 million, surpassing the 2 million average 50 4-hour volume. On Binance, the volume increased by 22.81%, with the recent volume recorded at 1.15 million, surpassing the 943,000 average 50 4-hour volume.
These unusual volume changes could potentially lead to significant fluctuations in the prices of the respective cryptocurrencies. It is important for investors to carefully monitor market conditions and update their risk management strategies.