ZBT Leads Upbit’s KRW Market as ZBT/KRW Pair Accounts for 11.11% of $14.18B Trading Volume

COINOTAG News, referencing CoinGecko data, reports that Upbit‘s trading volume jumped 104.2% in the past 24 hours, rising to 14.18 billion USD. The ZBT/KRW pair led activity, accounting for 11.11% of the liquidity within the Korean won market, with the remaining top contributors being BTC, XRP, ETH, and USDT, illustrating a localized liquidity surge on the exchange.

These dynamics suggest a shift in regional market depth, where KRW-denominated pairs can substantially influence price discovery on Upbit. For investors and traders, monitoring the ZBT/KRW spread and order-book activity will be essential to gauge execution quality and risk exposure as regional liquidity cools or intensifies.