POPA ReconSouth Korea’s Five Major Crypto Exchanges See Daily Volume Drop 89% as KOSPI Rises 114.44%
South Korea’s Five Major Crypto Exchanges See Daily Volume Drop 89% as KOSPI Rises 114.44% Average daily trading volume across South Korea’s five major crypto exchanges — Upbit, Bithumb, Coinone, Korbit and Gopax — fell about 89% year-on-year, from $2.82 billion in July 2025 to $305 million. Over the same period, the KOSPI rose 114.44%. ZDNet Korea also reported that daily volume across the five exchanges was down 88% on Monday, while weaker fee income prompted some platforms to sell crypto holdings. Korbit sold 15 BTC and 60 ETH, raising about KRW 1.6 billion ($1 million). — link
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