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TechFlow news, according to a Friday report by CryptoQuant analyst, Upbit's trading volume in October increased from $32.8 billion to $59.8 billion, an 82% increase compared to September.
CryptoQuant analyst Bradley Park said: "For tokens listed only on Korean exchanges, if trading volume increases significantly, futures listings on overseas exchanges become highly sought after. From an on-chain perspective, market makers represent buying power."
CryptoQuant analyst Bradley Park said in a report on Friday that Upbit's trading volume surged 82% from $32.8 billion in September to $59.8 billion in October. "For tokens listed only on Korean exchanges, significant increases in trading volume make futures listings on overseas exchanges highly desirable. From an on-chain perspective, market makers represent buying power."
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