TechFlow news, according to monitoring by 0xScope Protocol, since its listing on August 22, South Korea's largest exchange Upbit has accumulated 3.6 million CYBER tokens, making it the largest holder address—surpassing exchanges like Binance—and accounting for 33% of CYBER's current circulating supply.
Upbit's substantial holdings are likely providing significant price support for CYBER. This also suggests that South Korean investors may have played a key role in CYBER's recent sharp price increase.
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