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South Korea's Five Major Crypto Exchanges See Weekly Trading Volume Collapse to 9.97 Trillion Won, Down 25.75% This Week

Capital Flow Price Volatility

2026-07-11 05:31:55

According to Digital Asset, South Korea's five major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Korbit, and Gopax) saw weekly trading volumes collapse below 10 trillion won for the first time in two years and nine months. From July 3 to July 10, total weekly trading volume reached approximately 9.97 trillion won, representing a 25.75% drop from the previous week's 13.4 trillion won. Since early June, volumes have declined consistently, with the monthly decline reaching approximately 43.5% from early June's 17.7 trillion won. Among the exchanges, Upbit maintained its leading market share at 63.02%, though down 3.95 percentage points week-over-week, while Bithumb held 29.51% (up 2.38pp) and Coinone claimed 6.66% (up 1.46pp).

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Lucas Bennett7h ago

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