South Korean Trading Volume Explodes as Upbit Logs $830 Million Hour Led by XRP
South Korean retail liquidity is flooding back into digital assets, driving $830 million in volume on Upbit in a single hour. XRP and TRUMP tokens captured the lion's share of activity, signaling a aggressive rotation back into altcoin spec after months of quiet stock market dominance.
South Korea's top exchange Upbit recorded an astounding 1.15 trillion won in trading volume within a single sixty-minute window on Saturday, signaling a rapid pivot back into crypto after months of equity market preference. Total 24-hour turnover on the platform reached $3.81 billion, far outpacing regional competitors.
The volume surge was dominated by XRP, which commanded more than 32% of total exchange activity. Despite enduring a brief leverage flush down to $1.36, the asset mounted a swift recovery near $1.44, supported by Ripple Ledger developments and sustained spot ETF momentum.
Political meme token TRUMP captured second place with nearly 11% of turnover, climbing 26% on the day. The violent capital shift indicates retail traders are rotating out of domestic technology shares to chase high-beta volatility across Asian venues.