Data: Upbit transaction volume increased by 82% in October compared with September

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Analysts at on-chain data firm CryptoQuant said spot trading volume on South Korean exchange Upbit has nearly doubled since September. Upbit accounts for more than 85% of South Korea's transaction volume, with an 82% increase in October from September, with transaction volume increasing from US$32.8 billion to US$59.8 billion.

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