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These 5 Altcoins Experienced Unusually High Trading Volume On Cryptocurrency Exchanges
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These 5 Altcoins Experienced Unusually High Trading Volume On Cryptocurrency Exchanges

  • According to the data, increases were observed in the trading volume of these 5 altcoins on cryptocurrency exchanges.

Surprisingly, South Korea’s largest cryptocurrency exchange, Upbit, and Binance have detected unusual high trading volume in several altcoins. 

These altcoins showing this unusual activity include Aptos (APT), Basic Attention Token (BAT), Bitcoin Gold (BTG), Polkadot (DOT), and Tezos (XTZ).

The 4-hour chart for Aptos (APT) showed a 129.31% increase in trading volume on Upbit, with the last recorded volume at $101K, significantly above the 50 average 4-hour volume of $44K. 

On Binance, the transaction volume increased by 41.37% and the last recorded volume was 628 thousand dollars.

Basic Attention Token (BAT) saw a massive 609.29% increase in trading volume on the 1-hour chart on Upbit, with the last recorded volume being $440K. On Binance, transaction volume increased by 28.63%.

Bitcoin Gold (BTG) and Polkadot (DOT) also experienced unusual trading volume increases on the 1-hour chart on Upbit. 

BTG showed an increase of 245.32%, while DOT recorded an increase of 269.99%. However, on Binance, BTG saw a 28.60% drop in trading volume.

Finally, Tezos (XTZ) saw a 95.35% increase in trading volume on the 4-hour chart on Upbit. However, trading volume on Binance decreased by 19.43%.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.